Turkish central bank to hold extraordinary general meeting
January meeting likely to see early profit distribution to government, ahead of local elections
The Central Bank of the Republic of Turkey (CBRT) is to hold an extraordinary general meeting on January 18, allowing it to make an early distribution of profits to the government.
The central bank made the announcement in Turkish in a local newspaper. A spokesperson confirmed the meeting would be held on January 18, with two items on the agenda: an amendment to the CBRT’s articles of association; and “the making of an advance payment from the profit”.
Observers were quick to note that the
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