Ziraat Bank Refutes Allegations in the Press and Social Media

Foreks - Ziraat Bankası denied the claims made in the press and social media. In the bank's statement, the following information was provided:
"It has been observed that false and unfounded news about our Bank is present in some media outlets and social media accounts. Despite our Bank having made repeated statements regarding the claims in the news, it appears that similar claims are intentionally being brought up from the same sources.
Our logo has been enlarged with a clearer and more modern design to adapt to innovations, thereby making it easier to read on our branch signs and other platforms. Our current logo continues to be used on branch signs and all written and visual materials, and the change process is planned according to the renovation needs of our branches and the economic lifespan of these materials. To date, only 24 signs have been changed as part of necessary renovations. The upcoming change program will involve using the new logo only after the end of the usage period of areas and materials where the logo is used, and there is absolutely no program to change all printed materials at once. Therefore, no additional cost has been incurred by our Bank due to the logo change.
The furnishing of our branches is carried out for reasons such as opening new branches, relocation, necessary renovations due to earthquakes, or the completion of economic lifespans. There is no different application from other companies or businesses in the sector.
Like other private and public banks in the sector and many corporate firms outside the banking sector, our Bank holds year-end evaluation meetings with its executives. In the year-end evaluation meetings held for the past 13 years at our Bank, as branch managers working across all regions of Turkey discuss the target achievements of the past year, a general evaluation of the sector is also made. Based on this, the targets and expectations for the upcoming year are shared, and no cost as claimed is involved.
Regarding credit used by a company, there is absolutely no violation of banking principles and procedures, and the company, which is still involved in agricultural activities, has repaid its loans in 2023.
With its 161-year rooted history, our Bank operates within the framework of banking principles and sector norms regarding the matters mentioned above and all other issues.
We inform the public that our Bank does not accept attempts to undermine it with such unfounded claims, and we reserve all our legal rights related to the matter."