Turkey appoints new governor

basci

On Thursday Turkish President Abdullah Gül, approved a government motion to appoint Erdem Basci, the deputy governor of the Central Bank of Turkey, as the new governor.

Basci is set to replace Durmus Yilmaz whose term as the central bank's chief ends on Monday.

"He is a good choice and he was the expected choice," Andreas Schwabe, a professional analyst, CEE research at Raiffeisen Bank International told CentralBanking.com.

It is thought Basci played a significant role in establishing the unorth

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: