CENTRAL BANK OF THE REPUBLIC OF TURKEY
Business Summary
Central Bank of the Republic of Turkey is a Turkey-based monetary authority. It is the central bank of the Republic of Turkey. The Bank promotes price and financial stability and supports economic growth and employment policies in Turkey. It is established in the form of a joint stock company with the exclusive right of issuing banknotes in Turkey and is vested with the powers and duties set forth in the Central Bank Law. The Bank determines on its own discretion the monetary policy that it shall implement and the monetary policy instruments that it uses in order to achieve and maintain price stability. It carries out open market operations, manages gold and foreign exchange reserves of Turkey, regulates the volume and circulation of Turkish Lira and conducts rediscount and advances transactions.
Country of Incorporation
Turkey
Incorporation Date
1930-06-30
Business Sector
Banking & Investment Services
Company Address
Haci Bayram Mah. Istiklal Cad. No:10, Ulus Altindag
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