Ziraat Bankası 2011 Faaliyet Raporu

Introduction

Management and Corporate Governance Practices

Information on the Activities of the Committees

Attendance by the Members of the Board of Directors and of the Audit Committee in the Meetings Held During the Reporting Period

Related Party Transactions

Activities for Which Support Services are Outsourced in Accordance with the "Regulation Concerning the Outsourcing of Support Services by Banks and the Authorization of Organizations Providing Such Services" and the Persons and Organizations from Which they are Obtained

Financial Information and Risk Management

Statutory Auditors Report

Audit Committee's Assessment of the Operation of the Internal Audit, Internal Control, and Risk Management Systems

Independent Auditor's Report; Unconsolidated Financial Statements and Notes for the Period January 1- December 31, 2011

Ziraat Bank's Financial Standing, Profitability and Solvency

Ratios

Risk Management Policies Adhered to According to Types of Risk

31 December 2007 – 31 December 2011 Summary Balance Sheet and Income Statement

Credit Ratings

Independent Auditor's Report; Consolidated Financial Statements and Notes for the Period January 1 - December 31, 2011

Statutory Auditors Report

To the General Assembly of T.C. Ziraat Bankası A.Ş.

In the assessment relating to the accounts and transactions of T.C. Ziraat Bankası A.Ş. for the period 1 January 2011 to 31 December 2011 within the context of the provisions of applicable legislation, it was observed that:

Legally required books and records are kept in accordance with the requirements of the law, and records and supporting documents are maintained in an organized manner,
The balance sheet and the profit & loss statement dated 31 December 2011 appended to the Ziraat Bank Board of Directors report and the statements made in that report conform to accounting records,
Decisions concerning the Bank management were duly entered into the Resolution Book.

We have reached the opinion that the independently audited balance sheet and profit/loss statement for the period 1 January 2011 and 31 December 2011 attached accurately reflect the true financial standing of the Bank and the true results of its activities for that year, and we hereby submit it for the approval of the General Assembly that the Bank’s balance sheet and profit/loss statement be ratified and the Board of Directors be released.

Ankara, 06.03.2012

Statutory Auditors

Abdullah YALÇIN

Mahmut GÜRSES