Turkish central bank makes early payout to government

central-bank-of-the-republic-of-turkey
The Central Bank of the Republic of Turkey

The Central Bank of the Republic of Turkey (CBRT) has paid out its profits to the government early, following an extraordinary general meeting held today (January 18).

The central bank agreed to disburse 33.7 billion lira ($6.3 billion) in profits to the government, around three months earlier than the usual date.

The central bank’s articles of association previously stipulated that payouts should be made at the annual general meeting in April. But they were amended today to allow a general

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 individual account here: