Central Banks

Central Bank of Turkey

The Central Bank of the Republic of Turkey is the central bank of Turkey, established as a joint stock company with the exclusive right to issue currency in Turkey

The Central Bank of the Republic of Turkey is the central bank of Turkey, established as a joint stock company with the exclusive right to issue currency in Turkey. Turkey began to prepare for the establishment of the central bank in 1926, but only completed the establishment of the central bank on October 3, 1931. The Turkish Central Bank officially started its business activities on January 1, 1932, initially with the privilege of issuing banknotes for 30 years. In 1995, the privilege was extended until 1999, and finally in 1994 for an indefinite extension.
The Republic of Turkey is a country that spans Europe and Asia. It is a crossroads connecting Europe and Asia. The currency used is Turkish Lira, code TRY.

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