Ziraat Bank

Ziraat Bank

1 year | GBP
  • FSCS protects deposits up to £85,000 per person

All offers from Ziraat Bank

5.10 % AER
1 year
4.00 % AER
2 years

About Ziraat Bank

The fully state-owned Ziraat Bank was established in 1863 with the principal goal of financing agriculture. Ziraat Bank now serves 38 million retail, SME and corporate customers in all sectors of the economy.

As the largest financial institution of Turkey with 15% market share, Ziraat Bank has a widespread service network of 1,726 domestic branches and service points in 116 locations across 17 countries, providing high quality banking services and products. Ziraat Finance Group commands an extensive portfolio of domestic and international affiliates in  banking, investment services, portfolio management, venture capital, real estate investment trust and financial technologies. With its customer-oriented balance sheet, well-diversified funding base and prudent risk management strategies, the Bank aims to continue growing, adhering to highest standards of responsible and sustainable banking and further supporting economic development.

T.C. Ziraat Bankası A.Ş. is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under registration number 204705.

Your eligible deposits with TC Ziraat Bankasi A.S London Branch are protected up to a total of £85,000 by the Financial Services Compensation Scheme (FSCS), the UK’s deposit guarantee scheme.

Bank details

Headquarters: London UK
Year established: 1863

Security and deposit guarantee

Deposits are eligible for protection by the Financial Services Compensation Scheme (FSCS) http://www.fscs.org.uk/. The FSCS is the United Kingdom’s statutory deposit guarantee scheme that covers deposits in individual savings accounts up to £85,000, per banking group regulated by the Financial Conduct Authority or the Prudential Regulation Authority. It is available for deposits with most UK high-street and online banks and means if the bank fails, and deposits become unavailable, the scheme may cover your deposit account deposit up to the £85,000 per person, per banking group limit.

Compensation limits are per person per firm, not per deposit. Be aware that if you have other deposits with this bank (or banking group) then the £85,000 protection applies only to eligible deposits up to this limit.

Timescales for the return of your money can vary between different banks and banking groups. This bank holds funds under a trust model. Funds held under a trust model can take up to three months to be returned, but in most cases will be returned sooner than this.’ and vice versa.

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