Turkey: Ziraat Bank will delete the interest of farmers

In addition to its support in financing all the needs of its customers engaged in agricultural activities, Ziraat Bank also provides opportunities to facilitate payments to its customers who have difficulties in paying agricultural loans. Ziraat Bank Credit Risk Monitoring and Liquidation Deputy General Manager Recep Türk stated that as a bank, they will continue to support Turkey's agriculture, producers and the entire process from field to table, as "more than just a bank". NO INTEREST PAYING ONE TIME Türk said, "With this facility, agricultural loan customers who have debts in their follow-up accounts on 30.11.2021 offer ease of payment for their non-performing agricultural loans. For the next period, no interest will be charged under default or any other name." made its assessment. INSTALLMENTS UP TO 60 MONTHS Pointing out that if the non-performing agricultural loan cannot be paid at once, the total debt to be calculated from the current loan interest rates can be paid in ...