Sustainability Report 2013
Ziraat
1914-1938
World
Under an Act of Parliament, Ziraat Bank ceases to be a state-owned bank and is transformed into a joint-stock company.
  • Agricultural school model farms, agricultural equipment storehouses, and stud farms are set up in some provinces and localities to teach farmers new techniques intended to improve farming and animal husbandry practices.
  • Ziraat Bank begins lending to commercial enterprises.
  • The first seed-finance loans are provided.
  • Ziraat Bank begins providing farms with loans and with advances against notes and surety.First general deferment is granted on agricultural loans.
  • Money supplied from Ziraat Bank-supervised funds is used to buy equipment for soldiers in order to help finance the operations of Nationalist Forces units during the War of Independence.
  • With the opening of the Grand National Assembly in Ankara, the city’s Ziraat Bank branch is made responsible for the administration and oversight of all bank branches and offices in localities controlled by the Nationalists.
  • Control of Ziraat Bank’s İzmir operations is given to Ankara.
  • Control of Ziraat Bank’s İstanbul operations is given to Ankara.
  • Under an Act of Parliament, Ziraat Bank ceases to be a state-owned bank and is transformed into a joint-stock company.
  • Under Statute 1924/444, Ziraat Bank is authorized to engage in “any and all manner of banking transactions that will contribute to economic development” through its national network of 316 branches.
  • Following a presidential directive authorizing state agencies and banks to purchase works of art, Ziraat Bank begins purchasing paintings exhibited in exhibitions held in Ankara. These acquisitions become the core of the Ziraat Bank Art Collection.
  • The subject of agricultural cooperatives is added to the curriculum of the School of Practical Banking in which Ziraat Bank trains its future branch and agency managers.
  • Ziraat Bank begins guaranteeing payment of bonds issued by the Ministry of Finance to help fund huge state-initiated projects aimed at kick-starting and supporting Turkey’s industrial revolution.
  • A Ziraat Bank-launched program of publications dealing with banking, agricultural cooperatives, and the Bank’s own operations and activities begins contributing to the growth and development of this discipline in Turkey.
  • Ziraat Bank begins handling bursar operations for the Treasury.
  • Located in Ankara’s Ulus district and designed by the Italian architect Guilio Mongeri, Ziraat Bank’s new headquarters building is officially opened at a ceremony attended by Prime Minister İsmet İnönü and Grand National Assembly President Kazım Özalp.
  • Ziraat Bank is invited to and represents Turkey at a conference in Rome organized by the International Institute of Agriculture to set up an international bank that would provide short-term loans to farmers.
  • Under Statute 2056 (Wheat Protection Act), Ziraat Bank is authorized to buy all wheat offered for sale by village farmers, to sell it in domestic and international markets, to protect wheat-farming, and to regulate wheat prices. Another successful outcome of this law is to encourage the erection of modern grain silos.
  • Under Statute 2814, Ziraat Bank is authorized to restructure the repayment of its mortgage-backed and/or jointly-guaranteed agricultural loan receivables.
  • Under Statute 3242, Ziraat Bank is authorized to provide “Wheat Assistance Credit” to immigrants and refugees as well as to needy farmers suffering from disasters such as drought, hail, flooding, fire, and epidemics.
  • Under Statute 1937/3202, its incorporating charter, Ziraat Bank is authorized to provide insurance coverage to those engaged in farming.
Turkey is declared a republic.
  • World War I begins.
  • Invading forces are repulsed at Çanakkale.
  • Turkish Nationalist congresses are convened in Erzurum and Sivas.
  • The Turkish War of Independence begins.
  • The Grand National Assembly passes the National Pact declaring the borders of the Republic of Turkey.
  • With the signing of the Treaty of Lausanne, the War of Independence is won.
  • Turkey is declared a republic.
  • The Turkish Civil Code is passed by parliament.
  • The Great Depression begins.
  • Women are given the right to vote and stand for election.