Turkey Wealth Fund Management Joint Stock Company is established by the law numbered 6741 that is promulgated in the Official Gazette dated August 26,2016 and numbered 29813, with the objective of managing some of the assets of the State of Turkish Republic alongside its other functions. With the Decision of Council of Ministers which is the appendix of the Decree dated January 24, 2017 and numbered 2017/9756, some of the state-owned institutions including Ziraat Bank were decided to be transferred to Turkey Wealth Fund.
Through its domestic and international branches and subsidiaries in diversified business lines, Ziraat Bank will continue to perform its banking operations on a national and international scale within this context the banking operations in Greece under the strategies set by the Parent Bank.
Termination of operations of Rhodes Branch
Within the context of restructuring of its branch network, T.C. ZIRAAT BANKASI A.S. – ATHENS CENTRAL BRANCH (the "Bank") informs you that from 31 January 2018 and thereafter the Bank ceases operations of its Rhodes’ branch, located at 16, Grigoriou Lambraki Str. & Amerikis Str. The Bank's clients will be able to continuously receive service from any other branch of the Bank of their choice, especially from the central branch in Greece, ATHENS BRANCH, 2, Ermou Str. P.C. 105 63, Athens (the "Central Branch"). In particular:
Accounts on first demand (current, savings accounts etc.)
Regarding the balance of accounts on first demand (current, savings accounts etc.), the client is entitled to request the closure of the account and withdrawal of its balance within ten (10) days from receival of this letter (subject to application of regulations, particularly regarding the provisions for imposing restrictions on cash withdrawals and capital transfers). Upon the expiry of such time period, the account shall be automatically transferred to the Bank's Central Branch in Athens.
Term Deposits
Regarding the balance of term deposits with maturity within ten (10) days from the date of receival of this letter, the client may, within the same period, request their early termination. Upon expiry of such time period, the account will be held at the Bank's Central Branch. In addition, any term deposits with maturity after said time period shall be automatically transferred to the Bank’s Central Branch.
It is clarified that in any event, upon expiry of said time period, the client may either withdraw his balance (subject to application of regulations, particularly regarding the provisions for imposing restrictions on cash withdrawals and capital transfers) or deposit it in an account on first demand held at the Bank's Central Branch.
Cheques
Accounts on which cheques are drawn are automatically transferred to the Bank’s Central Branch and can only be closed after all issued cheques have been brought for payment. Beneficiaries of the Bank's cheques may submit them for payment to any bank in Greece (subject to application of regulations, particularly regarding the provisions for imposing restrictions on cash withdrawals and capital transfers).
Debt payment
Debt payments will be made by either (a) transferring the relevant amount to the customer’s account in T.C. ZIRAAT BANKASI A.S. – ATHENS CENTRAL BRANCH from any other Greek Bank or (b) depositing the relevant amount to the customer’s account in T.C. ZIRAAT BANKASI A.S. – ATHENS CENTRAL BRANCH or (c) depositing to the account no. 04001508862 (IBAN GR4801100400000004001508862) maintained by T.C. ZIRAAT BANKASI A.S. – ATHENS CENTRAL BRANCH to the National Bank of Greece SA. There shall be mentioned as reason for deposit the client’s loan account number. For any information required (debt amount, loan account number, etc.) you may contact tel. 210 3223038.
Client’s instructions to the Bank may be sent either in writing by a signed letter addressed directly to the Bank's Central Branch, and/or by E-mail at athens@ziraatbank.com and / or by FAX on 210 3221796.
Alternatively to the Bank’s Central Branch, the client may choose to receive services by any other branch of the Bank in Greece.
In any case, the above actions aim at maximizing the utilization and improvement of the Bank's service efficiency.
Ziraat Bank Ownership Structure
Turkey Wealth Fund Management Joint Stock Company is established by the law numbered 6741 that is promulgated in the Official Gazette dated August 26,2016 and numbered 29813, with the objective of managing some of the assets of the State of Turkish Republic alongside its other functions. With the Decision of Council of Ministers which is the appendix of the Decree dated January 24, 2017 and numbered 2017/9756, some of the state-owned institutions including Ziraat Bank were decided to be transferred to Turkey Wealth Fund.
Through its domestic and international branches and subsidiaries in diversified business lines, Ziraat Bank will continue to perform its banking operations on a national and international scale within this context the banking operations in Greece under the strategies set by the Parent Bank.