We have followed with sadness and astonishment the statements made by a Deputy Chair of the main opposition party targeting Agricultural Credit. We cannot, of course, remain silent in the face of opposition representatives who, unable to find a political agenda, turn Agricultural Credit into a political instrument at every opportunity and attempt to mislead the public and our farmers with incomplete information and a lack of competence.

Regarding the alleged “missing oil,” a detailed statement was made to the public on 24 April 2024, and all facts were shared transparently.

It is also regrettable to witness how uninformed the official in question is about the facts, the legal structure of Agricultural Credit, and the obligations to which it is subject, as well as how lacking in knowledge they are regarding the very issue they criticize.

This constitutes a direct attack on our institution’s reputation.

The financial statements of Agricultural Credit are prepared in accordance with Capital Markets Board (CMB) regulations and are subject to independent audit.

While repeatedly emphasizing “merit” on one hand, we leave it to the public’s judgment to assess the criticism and slander of those who are so detached from the matter that they are unaware that Agricultural Credit undergoes independent audits within the framework of applicable regulations.

The assets of all subsidiaries of Agricultural Credit belong to the Central Union of Agricultural Credit Cooperatives.

In the first half of 2025, the Agricultural Credit Group increased its total assets to TRY 180 billion, achieving 35% growth. Increasing its equity from TRY 54 billion to TRY 74 billion, representing 37% growth, the Group raised its operating profitability from 1% to 5%, its pre-tax profitability from 2% to 7%, and its net profitability from 2% to 6%, thereby increasing its consolidated net profit from TRY 1.7 billion in the previous period to TRY 5.5 billion.

The figures speak for themselves. In order to ensure the sustainability of national agriculture, Agricultural Credit will continue to strengthen its equity through investments, protect the labor of our farmers, and provide reliable information to the public.