Global Trade Alert
Global Trade Alert

Turkiye: Turkiye’s state-owned Ziraat Bank raises capital by USD 1.6 billion

Announcement

16 Feb 2022

In February 2022, Turkiye’s state-owned Ziraat Bank announced a capital increase through funding from Turkiye’s Wealth Fund.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

16 Feb 2022

Revocation date:

No revocation date

Updated: 16 Feb 2022
Capital injection and equity stakes (including bailouts) In force

On 16 February 2022, the Turkish government decided to increase the capital of Türkiye’s state-owned Ziraat Bank (T.C. Ziraat Bankası A.Ş.) by TRY 21.8 billion (USD 1.6 billion). The...

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