Central Bank of The Turkey

Central Bank Of The Turkey

The Central Bank of the Republic of Turkey (CBRT) (Turkish: Türkiye Cumhuriyet Merkez Bankası - "TCMB") is the central bank of Turkey and is founded as a joint stock company with the exclusive right to issue banknotes in Turkey. The preparations to establish a central bank began in 1926, but organization was established on 3 October 1931 and opened officially on 1 January 1932. The Bank had, originally, a privilege of issuing banknotes for a period of 30 years. In 1955, this privilege was extended until 1999. Finally it was prolonged indefinitely in 1994.

Read more about Central Bank Of The Turkey:  Responsibilities of Central Bank, Duties and Powers, Board of Directors, Building

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Central Bank Of The Turkey - Building
... The former Head Office Building of the bank was depicted on the reverse of the Turkish 50 kuruş banknote of 1944-1947 and of the 2½ lira banknotes of 1952-1966 ...

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