TCMB - 2016 Annual Report

Milestones of the Past 85 Years

Central Bank of the Republic of Turkey 2014-2018 Strategic Plan

Overview of the Year 2016

2016 in Figures

Part 1
General Information

1.1. Governing Bodies

1.1.2. Monetary Policy Committee

1.1.3. Auditing Committee

1.1.4. Executive Committee

1.1.5. Financial Benefits for Senior Management

1.1.6. Head Office Departments

1.1.7. Branches

1.1.8. Organization Chart

Part 2
Activities and Major Developments

2.1. Price Stability, Financial Stability and Monetary Policy

2.1.1. Overview

2.1.2. Developments in 2016

2.2. Operational Framework of the Monetary Policy

2.2.1. Turkish Lira Liquidity Management

2.2.2. Exchange Rate Policy

2.2.3. Reserve Requirements

2.2.4. Rediscount Credits

2.2.5. Maximum Interest Rates for Credit Cards

2.3. Financial Stability Developments and Activities

2.3.1. Financial Stability Developments

2.3.2. Financial Stability Activities

2.4. Financial Infrastructure

2.4.1. Usage Statistics of the CBRT Payment Systems

2.4.2. Cheque Clearing System

2.4.3. International Bank Account Number Usage

2.4.4. Permissions Regarding Activities of Payment and Securities Settlement Systems

2.4.5. Developments Regarding Oversight of Payment and Securities Settlement Systems

2.4.6. Activities Regarding Financial Sector Assessment Program

2.5. Banknotes in Circulation

2.6. Foreign Exchange Reserve and Risk Management

2.7. European Union Harmonization Activities

2.8. Communication Activities

2.8.1. Accountability and Monetary Policy Communication

2.8.2. Communication Activities for General Public

2.8.3. Activities on Financial Education and Economy Education

2.8.4. Investor Relations

2.9. International Cooperation and Organizations

2.9.1. Relations with International Institutions

2.9.2. Affairs with Other Central Banks

2.9.3. Participation in International Working Groups

2.9.4. International Organizations

2.10. Research and Development Activities

2.10.1. Academic Research and Development Activities

2.10.2. Research and Development Activities on Banknote Printing

2.10.3. Research and Development Activities on Information Technologies

2.10.4. Research Activities on Structural Economic Developments

2.11. Training Activities

2.11.1. Training Activities Organized by the CBRT

2.11.2. International Training and Technical Cooperation Activities

2.11.3. Training Activities Organized by Other Institutions

2.11.4. Other Activities

2.12. Culture, Art and Sports Activities

2.13. Corporate Social Responsibility Activities

Part 3
Financial Statements

3.1. Balance Sheet as of 31 December 2016

3.2. Balance Sheets as of 31 December 2016 and 2015

3.3. Profit and Loss Statements for 2016 and 2015

3.4. Explanations

3.5. Explanations on Operating Expenses

3.6. Audit at the CBRT and Audit Reports

3.6.1. Audit at the CBRT

3.6.2. The Report of the Auditing Committee

3.6.3. Independent Auditor Report Drawn up in Compliance with the Central Bank Law and Related Legislation

3.6.4. Independent Audit Report drawn up in Compliance with IFRS

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2016 Annual Report

CBRT staff in a photograph taken on 3 October 1932 on the occasion of the first anniversary of the CBRT.

Part 2
Activities and Major Developments

2.1. Price Stability, Financial Stability and Monetary Policy

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Part 1
General Information

Part 2
Activities and Major Developments

Part 3
Financial Statements

© Türkiye Cumhuriyet Merkez Bankası 2017 www.tcmb.gov.tr Abbreviations Disclaimer Contact

© TCMB 2017 www.tcmb.gov.tr Abbreviations Disclaimer Contact