We are pleased to inform our Esteemed Members that ADFIMI member institution Ziraat Participation Bank which is the first state owned participation bank established in Turkey in 2015 has opened its foreign branch in Sudan's capital city Khartoum on 27/08/2020.

Mr. Metin Ozdemir the Chairman of ADFIMI is also the CEO and Board Member of Ziraat Participation Bank. It is expected that with the launch of its first foreign branch in Khartoum, Ziraat Participation Bank will contribute to the development and deepening of the finance sector in Sudan and also contribute to cross-border trade between the two countries. Sudan is a promising market which has recently seen strong investments from Turkish companies operating in areas like agriculture, mining, construction and trade.

We would like to take advantage of this occasion to congratulate the opening and extend our best wishes to the staff of the new branch and the people of Sudan.

ADFIMI extends the assurances of its highest consideration and esteem.