The Central Bank of the Republic of Turkey was established by law on June 30, 1930 and began operations on October 3, 1931, taking on responsibility for conducting Turkey's monetary and exchange-rate policy, managing its international reserves, and issuing the Turkish lira. It is organized as a joint-stock company with mixed ownership, the Treasury holding a majority stake alongside domestic banks, and since 2006 has pursued an inflation-targeting mandate aimed at price stability. The bank's headquarters moved to the CBRT Tower at the Istanbul Financial Center, reflecting a broader shift of Turkey's financial institutions from Ankara toward Istanbul.
Facts
Founding Year Founding Date Headquarters Geography
Country or Jurisdiction ServedWikidata Q580829, property P17 (country). Classification
Institution Subtype Connections
Member Of
Central Bank of the Republic of Turkey is one of the BIS's 63 member central banks and monetary authorities (Membership and shareholding structure table); the BIS has been wholly owned by its member central banks since the 2005 buyback of private shareholders.
Source Wikipedia
In the Other Atlases
- Also in Geography Atlas: Turkey, located there.
Sources
1. Wikipedia
Wikimedia FoundationCentral Bank of the Republic of Turkey
The law was enacted by the Grand National Assembly of Turkey on 11 June 1930, and published in the Official Gazette of 30 June 1930 under the name “The Law on the Central Bank of the Republic of Turkey No. 1715”.
Introduction, institution-subtype
The Central Bank of the Republic of Turkey was established by law on June 30, 1930 and began operations on October 3, 1931, taking on responsibility for conducting Turkey's monetary and exchange-rate policy, managing its international reserves, and issuing the Turkish lira.
Member Of: Bank for International Settlements, Bank for International Settlements, Membership and shareholding structure section
The BIS members are central banks of 63 jurisdictions: 34 in Europe, 16 in Asia, 5 in South America, 3 in North America, 3 in Africa, and 2 in Oceania.
View the Source 2. Wikidata
Wikimedia Foundation
Wikidata: Central Bank of the Republic of Turkey
Wikidata Q580829, class allow-list match (w-wdresolver-0926)View the Source Reader Challenges (0)
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