Turkish Central Bank’s profit ups by 6.6 times in 2011
Azerbaijan, Baku, April 17 / Trend A. Taghiyeva /
The Turkish Central Bank's profits increased to 8.57 billion lire in 2011 compared to 1.29 billion lire in 2010, the Central Bank's report, published on the official website, said today.
About 5.7 billion lire of the Central Bank's total revenues will be transferred to the state treasury.According to the report, the volume of the Turkish Central Bank's gold deposits in 2011 amounted to 18.98 billion lire compared 8.36 billion lire in 2010.
The Central Bank's net interest income for the period amounted to 4.13 billion lire compared to 1.86 billion lire in 2010. Net income from the Central Bank's commissions and transactions amounted to 116.4 million lire compared to 72.95 million lire in 2010.
The official exchange rate is 1, 7925 TRY/USD on March 17.