# Central Bank of the Republic of Turkey

> central bank of Turkey

**Wikidata**: [Q580829](https://www.wikidata.org/wiki/Q580829)  
**Wikipedia**: [English](https://en.wikipedia.org/wiki/Central_Bank_of_the_Republic_of_Turkey)  
**Source**: https://4ort.xyz/entity/central-bank-of-the-republic-of-turkey

## Summary
The Central Bank of the Republic of Turkey is the national central bank of Turkey, headquartered in Ankara. Established in 1930 or 1931 (sources indicate 1930-10-03 and 1931), it replaced the Ottoman Bank as the central bank. It is responsible for issuing the Turkish lira and currently targets an interest rate of 7.5%. It is also identified as a research institute, publishing the "Central Bank Review".

## Key Facts
- **Entity Type**: Central bank, bank, business, research institute.
- **Establishment**: Inception dates cited as 1930 and October 3, 1931.
- **Headquarters**: Ankara, Turkey (Coordinates: 39.939167, 32.852222).
- **Currency**: Turkish lira.
- **Key Interest Rate**: 7.5% (target interest rate).
- **Legal Form**: Anonim şirket (Joint-stock company).
- **Leadership**: Chairperson/Governor Murat Çetinkaya (start time: 2016-04-19).
- **Predecessor**: Replaced the Ottoman Bank (specifically its central bank functions).
- **Website**: http://www.tcmb.gov.tr / Domain: tcmb.gov.tr.
- **Identifiers**:
  - Wikidata: Q31855 (implied from sitelinks/context) / Grid ID: grid.466508.9 / ROR ID: 01h4f0m46 / ISNI: 0000000106612129 / PermID: 5000010781 / VIAF ID: 131401865 / GND ID: 43889-3 / LEI: 789000B8K6KNUMHC1Y64.
  - Library of Congress Authority ID: no88000423.
  - Other IDs: Freebase (/m/0382pf), Quora Topic, Ringgold (37524), Crunchbase, etc.
- **Social Media**:
  - Twitter: @merkez_bankasi (Verified, since 2011-10-31). Followers: 508,412 (as of 2023-02-02, preferred).
  - YouTube: Türkiye Cumhuriyet Merkez Bankası (since 2013-12-05). Subscribers: 15,800 (as of 2025-03-10, preferred).
  - Facebook: TurkiyeCumhuriyetMerkezBankasi.
- **Wikipedia Presence**: Available in 27 languages including English, Turkish, German, French, Russian, etc.
- **Research Activity**: Publishes "Central Bank Review".

## FAQs
**Q: When was the Central Bank of the Republic of Turkey founded?**
A: The bank was established in the early 1930s, with specific inception dates cited as 1930 and October 3, 1931. It took over central banking duties from the Ottoman Bank.

**Q: What are the main functions and classifications of the bank?**
A: It operates as Turkey's central bank and is legally formed as a joint-stock company (Anonim şirket). Beyond banking, it is classified as a research institute that publishes the "Central Bank Review."

**Q: Where is the bank located and who leads it?**
A: The headquarters are in Ankara, Turkey. The position held by the head of the organization is the Governor of the Central Bank of Turkey, with Murat Çetinkaya cited as a former chairperson starting in April 2016.

**Q: How can the bank be identified in international and library systems?**
A: It holds numerous identifiers such as ISNI 0000000106612129, VIAF 131401865, and Library of Congress authority ID no88000423. It is also listed in databases like GRID (grid.466508.9) and has a Legal Entity Identifier (LEI).

## Why It Matters
The Central Bank of the Republic of Turkey plays a critical role in the Turkish economy as the sole issuer of the Turkish lira and the authority responsible for monetary policy, currently targeting a 7.5% interest rate. As the successor to the Ottoman Bank's central banking functions, it represents a key institution in the modernization of Turkey's financial infrastructure, established in the early 1930s. Its classification extends beyond a standard financial institution to that of a research institute, contributing to economic knowledge through publications like the "Central Bank Review." With a significant digital presence reaching over half a million followers on Twitter and content in 27 Wikipedia languages, it acts as a vital node of information and economic stability.

## Notable For
- Acting as the sole issuer of the Turkish lira.
- Replacing the Ottoman Bank to become the national central bank.
- Operating under the legal structure of an "Anonim şirket" (joint-stock company).
- Functioning as a research institute with its own academic publication, "Central Bank Review".
- Maintaining a specific target interest rate of 7.5%.
- Possessing a verified Twitter account active since 2011 with over 500,000 followers.

## Body

### Organizational Identity and Mission
The Central Bank of the Republic of Turkey (CBRT) is the central bank of Turkey. It is a multifaceted institution classified not only as a central bank and a business but also as a research institute. This research function is highlighted by its publication of the "Central Bank Review." The bank operates under the legal form of an "Anonim şirket" (joint-stock company). Its primary mandate involves managing the Turkish lira and setting monetary policy, such as the target interest rate of 7.5%.

### History and Founding
The bank was founded in the early 20th century, specifically replacing the Ottoman Bank as the country's central bank. Sources indicate an inception in 1930 and a specific founding date of October 3, 1931. It officially assumed the role previously held by the Ottoman Bank, marking a transition in Turkey's financial sovereignty. Historical archives such as the PM20 film section reference the "Türkische Zentralbank" as early as 1937.

### Leadership and Governance
The headquarters of the Central Bank of the Republic of Turkey are located in Ankara, Turkey, at coordinates 39.939167 latitude and 32.852222 longitude. The supreme leadership role is designated as the "Governor of the Central Bank of Turkey." Murat Çetinkaya is listed as a chairperson who assumed office on April 19, 2016.

### Digital Presence and Media
The bank maintains a robust online presence. Its official website is hosted at http://www.tcmb.gov.tr. On social media, it operates a verified Twitter account (@merkez_bankasi) created on October 31, 2011, which had accrued over 508,412 followers as of February 2023. Its YouTube channel, started in December 2013, hosts 259 videos and has over 15,800 subscribers. The bank is also represented on Facebook as "TurkiyeCumhuriyetMerkezBankasi."

### Identifiers and Classifications
The bank is cataloged in numerous international and library databases.
- **Academic & Scientific**: GRID ID (grid.466508.9), ISNI (0000000106612129), ROR ID (01h4f0m46), Ringgold ID (37524).
- **Libraries & Archives**: Library of Congress (no88000423), GND (43889-3), VIAF (131401865), BnF (135332606), National Library of Israel (987007594666105171).
- **Financial & Corporate**: LEI (789000B8K6KNUMHC1Y64), PermID (5000010781), Crunchbase (türkiye-cumhuriyet-merkez-bankası).

### Alternate Names
The entity is known by various aliases globally, including:
- Central Bank of Turkey
- CBRT
- Türkiye Cumhuriyeti Merkez Bankası
- Banco Central de Turquía
- Zentralbank der türkischen Republik

## References

1. [Directory of Open Access Journals](https://www.elsevier.com/journals/central-bank-review/1303-0701/guide-for-authors)
2. GRID Release 2017-01-10
3. Virtual International Authority File
4. BnF authorities
5. [Source](http://www.bbc.com/turkce/ekonomi/2016/04/160411_murat_cetinkaya_merkez_bankasi)
6. ROR release v1.19
7. Freebase Data Dumps. 2013
8. Global LEI Index
9. BBC Things
10. GRID Release 2016-12-06
11. Quora
12. Aligned ISNI and Ringgold identifiers for institutions
13. Microsoft Academic Knowledge Graph
14. National Library of Israel Names and Subjects Authority File
15. YouTube API
16. [Internet Domains Wikibase](https://domains.wikibase.cloud/entity/Q124596)