TCMB - Annual Report 2013

CBRT Activities 2013

General Information

1.1. Governing Bodies

1.2. CBRT 2011-2015 Strategic Plan

1.3. Staff

Activities and Major Developments

2.1. Price Stability, Financial Stability and Monetary Policy

2.2. Operational Framework of the Monetary Policy

2.3. Financial Stability Developments

2.4. Financial Infrastructure

2.5. Transfer of CBRT Risk Center Activities to the Banks Association of Turkey – Risk Center

2.6. Currency in Circulation

2.7. Foreign Exchange Reserve and Risk Management

2.8. European Union Harmonization Activities

2.9. Communication Policy and Activities

2.10. International Cooperation and Organizations

2.11. Research and Development Activities

2.12. Training Activities

2.13. Culture, Art and Sports

2.14. Social Responsibility Activities, Donations and Financial Support

Financial Statements

3.1. Balance Sheet as of 31 December 2013

3.2. Balance Sheets as of 31 December 2013 and 2012

3.3. Profit and Loss Statements for 2013 and 2012

3.4. Explanations

3.5. Explanations on Operating Expenses

3.6. Audit at the CBRT and Audit Reports

Contact Details

1.1.5. Financial Benefits for Senior Management

In line with articles 19, 22/A, 24 and 33 of the CBRT Law No:1211, the representation allowances and monthly salaries of the Governor and Deputy Governors as well as monthly salaries and compensations of the Board members and MPC members, and the salaries of the Auditing Committee members are determined by the Council of Ministers. Accordingly, in 2013, the gross amount paid to members of the Board, Executive Committee, MPC and Auditing Committee of the Bank was 5,011,734 Turkish liras. This amount accounts for 1 percent of the total salaries and fringe benefits paid to the bank staff in 2013.