700 million TL Rental Certificate Issue From Ziraat Participation
Ziraat Participation issued 700 million TL worth of rental certificates.
According to the statement made by Ziraat Participation, with the issuance made through Ziraat Yatırım Menkul Değerler AŞ on February 21, 2020, 700 million TL funding with a maturity of 103 days was obtained. The funding amount that Ziraat Participation has provided through the issuance of 3 different lease certificates since the beginning of 2020 has reached 1.6 billion TL.
Osman Karakütük, Deputy Director General of agricultural participation, stated that they are satisfied with the demand for the export of lease certificates, said: "Agriculture participation as today 53. we have successfully executed our lease certificate issuance. To date, the amount of funding obtained by issuing lease certificates was TL 14.6 billion. As with our previous exports, the high demand for our export of 700 million TL lease certificates shows that Ziraat Katılım's strong capital structure, asset quality and confidence in the economy of our country continues to increase. We will continue to work together on behalf of our country in the coming period with our vision of being the pioneer of the sector as agriculture participation, and to grow with our principle of “more as we share”, which represents the spirit of participation banking."