Ziraat Bank announced that Ziraat Dynamic, the new bank of Ziraat Finance Group, received an operating permit.
According to the statement made by the bank, Ziraat Dynamic, the new bank of Ziraat Finance Group, which received its establishment permit last year, also received its operating permit with the BRSA’s Decision dated October 31, 2024.
Cüneyt Sağlık, Deputy General Manager of Ziraat Bank Digital Banking and Payment Systems and Chairman of the Board of Directors of Ziraat Demokrat Bank, whose views are included in the statement, stated that digital banking has undergone a significant transformation in recent years with the rapid development of technology and changing user needs, thanks to mobile applications and innovative financial services. He said that banking transactions have now become faster, safer and more accessible.
Sağlık stated that, especially with the acceleration of digitalization during the Covid-19 epidemic, they observed that both competition and cooperation opportunities with FinTech companies have increased, going beyond the traditional banking approach.
Emphasizing that Ziraat Bank is the bank with the most digital banking customers in Turkey with approximately 23 million active digital customers, Sağlık said, “On the other hand, we want to further expand the customer base of Ziraat Finance Group, reach every customer in our country, create a new customer experience and a new face.” “Ziraat Dynamic Bank was established in order to make a difference with the company and to invest in a new service model without physical branches and in the future.” he said.
“WE EXPECT THE DIGITAL BANKING ECOSYSTEM TO GROW FURTHER”
Cüneyt Sağlık noted that Ziraat Dynamic is the first digital bank established under the main ownership of a bank in Turkey and stated that they aim to carry the Ziraat power, experience and reliability from the past to the future of digital together with Ziraat Dynamic.
Stating that they aim to quickly offer new products and services to their customers thanks to Ziraat Dynamic’s agile and flexible organizational structure, and to transform the cost advantage it has due to its branchless service model into a competitive advantage, Sağlık said that Ziraat Dynamic will serve its customers with a wide set of transactions according to the digital bank scale. He said that they will reinforce Ziraat Finance Group’s leadership in the digital field with the products and services to be implemented by .
He stated that they expect the digital banking ecosystem to grow further by integrating innovations such as health, data analytics, artificial intelligence, blockchain technology and digital assets in the future, and that they aim to position Ziraat Demokrat among the leading banks in all these areas.
