The Türkiye Cumhuriyet Merkez Bankası (TCMB) or Turkish Republic Central Bank is the central bank of Turkey. Its responsibilities include conducting monetary and exchange rate policy, managing international reserves of Turkey, as well as printing and issuing banknotes, and establishing, maintaining and regulating payment systems in the country. The TCMB follows a full-fledged inflation targeting regime sicne 2006, when it replaced Turkish lira with the New Turkish lira by removing six zeros. The TCMB is composed of the Head Office and the Banknote Printing Plant in Ankara, and 21 branches all around the country.
Assets under Management (AuM):
Alternative Assets: 0%
"To contribute to social welfare by achieving our primary objective of price stability and supporting financial stability." (Central Bank)