Central Bank Of Northern Cyprus
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Central Bank Of Northern Cyprus
The Central Bank of the Turkish Republic of Northern Cyprus ( tr, Kuzey Kıbrıs Türk Cumhuriyeti Merkez Bankası), is the central bank of Northern Cyprus. It was established on 16 May 1983. Norther Cyprus uses the Turkish lira as currency and the main central banking functions are provided by the Central Bank of the Republic of Turkey. The bank's headquarters are located in North Nicosia, the capital of Northern Cyprus. The bank is also a member of Islamic Financial Services Board(IFSB).IFSB
Members


Chairmen


See also

* Ministry of Finance of Northern Cyprus * Economy of ...
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North Nicosia
North Nicosia or Northern Nicosia ( tr, Kuzey Lefkoşa ; el, Βόρεια Λευκωσία) is the capital and largest city of the ''de facto'' state of Northern Cyprus. It is the northern part of the divided city of Nicosia, and is governed by the Nicosia Turkish Municipality. , North Nicosia had a population of 61,378 and a metropolitan area with a population of 82,539. The city is the economic, political and cultural centre of Northern Cyprus, with many shops, restaurants and shopping malls. It is home to a historic walled city, centred on the Sarayönü Square, and a modern metropolitan area, with the Dereboyu region as its centre of business and entertainment. Described as a city with high levels of welfare, it has seen great urban growth and development in the 21st century, including the construction of new highways and high-rises. It hosts a significant number of tourists and a variety of cultural activities, including its international festivals of theatre and music. W ...
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Mehmet Emin Özcan
Mehmed (modern Turkish: Mehmet) is the most common Bosnian and Turkish form of the Arabic name Muhammad ( ar, محمد) (''Muhammed'' and ''Muhammet'' are also used, though considerably less) and gains its significance from being the name of Muhammad, the prophet of Islam. Originally the intermediary vowels in the Arabic ''Muhammad'' were completed with an ''e'' in adaptation to Turkish phonotactics, which spelled Mehemed and the name lost the central ''e'' over time Final devoicing of ''d'' to ''t'' is a regular process in Turkish. The prophet himself is referred to in Turkish using the archaic version, ''Muhammed''. The name Mehmet also often appears in derived compound names. The name is also prevalent in former Ottoman territories, particularly among Balkan Muslims in Albania, Bosnia and Kosovo. The name is also commonly used in Turkish culture in the form of Mehmetçik, meaning ''little Mehmet'', for unranked soldiers. Given name Mehmed * Mehmed I (1382–1421), Ott ...
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Organisations Based In Northern Cyprus
An organization or organisation (Commonwealth English; see spelling differences), is an entity—such as a company, an institution, or an association—comprising one or more people and having a particular purpose. The word is derived from the Greek word ''organon'', which means tool or instrument, musical instrument, and organ. Types There are a variety of legal types of organizations, including corporations, governments, non-governmental organizations, political organizations, international organizations, armed forces, charities, not-for-profit corporations, partnerships, cooperatives, and educational institutions, etc. A hybrid organization is a body that operates in both the public sector and the private sector simultaneously, fulfilling public duties and developing commercial market activities. A voluntary association is an organization consisting of volunteers. Such organizations may be able to operate without legal formalities, depending on jurisdiction, inclu ...
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Government Of Northern Cyprus
A government is the system or group of people governing an organized community, generally a state. In the case of its broad associative definition, government normally consists of legislature, executive, and judiciary. Government is a means by which organizational policies are enforced, as well as a mechanism for determining policy. In many countries, the government has a kind of constitution, a statement of its governing principles and philosophy. While all types of organizations have governance, the term ''government'' is often used more specifically to refer to the approximately 200 independent national governments and subsidiary organizations. The major types of political systems in the modern era are democracies, monarchies, and authoritarian and totalitarian regimes. Historically prevalent forms of government include monarchy, aristocracy, timocracy, oligarchy, democracy, theocracy, and tyranny. These forms are not always mutually exclusive, and ...
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Central Banks
A central bank, reserve bank, or monetary authority is an institution that manages the currency and monetary policy of a country or monetary union, and oversees their commercial banking system. In contrast to a commercial bank, a central bank possesses a monopoly on increasing the monetary base. Most central banks also have supervisory and regulatory powers to ensure the stability of member institutions, to prevent bank runs, and to discourage reckless or fraudulent behavior by member banks. Central banks in most developed nations are institutionally independent from political interference. Still, limited control by the executive and legislative bodies exists. Activities of central banks Functions of a central bank usually include: * Monetary policy: by setting the official interest rate and controlling the money supply; *Financial stability: acting as a government's banker and as the bankers' bank ("lender of last resort"); * Reserve management: managing a country's ...
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Banks Established In 1983
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the a ...
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Banks Of Northern Cyprus
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the ...
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Economy Of Northern Cyprus
The economy of Northern Cyprus is dominated by the services sector (69% of GDP in 2007), which includes the public sector, trade, tourism and education. Industry (light manufacturing) contributes 22% of GDP and agriculture 9%.CIA - The World Factbook - Cyprus
scroll down to section entitled Economy of the area administered by Turkish Cypriots
's economy operates on a free-market basis, with a significant portion of administration costs funded by . Northern Cyprus uses the

Ministry Of Finance Of Northern Cyprus
Ministry of Finance of the Turkish Republic of Northern Cyprus (''Kuzey Kıbrıs Türk Cumhuriyeti Maliye Bakanlığı''), is the ministry in North Cyprus responsible for government finance. Ministers of Finance * Rüstem Z. Tatar, August 1974 - July 1976http://www.cm.gov.nc.tr/Bilgi/H%DCK%DCMETLER.pdf * Mehmet Altinay, July 1976 - December 1976 *Mustafa Çağatay, December 1976 - July 1977 * Tansel Fikri, July 1977 - April 1978 * Hüseyin Erdal, April 1978 - December 1978 *Hakkı Atun, December 1978 - August 1981 *Salih Coşar, August 1981 - July 1985 * Taşkent Atasayan, July 1985 - September 1986 *Mehmet Bayram, September 1986 - June 1990 *Nazif Borman, June 1990 - March 1992 *Salih Coşar, March 1992 - January 1994 *Onur Borman, January 1993 - January 1995 *Salih Coşar, January 1995 - December 1998 *Mehmet Bayram, December 1998 - January 2004 *Ahmet Uzun, January 2004 - May 2009 *Ersin Tatar, May 2009 - June 2013 *Zeren Mungan, June 2013 - July 2015 *Hasan Başoğlu, July 2015 ...
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Bilal San
__NOTOC__ Bilal may refer to: People * Bilal (name) (a list of people with the name) * Bilal ibn Rabah, a companion of Muhammad * Bilal (American singer) * Bilal (Lebanese singer) Places *Bilal Colony, a neighbourhood of Korangi Town in Karachi, Sindh, Pakistan *Bilal Town, a suburb of Abbottabad, Pakistan where Osama bin Laden was killed Other uses *'' Bilal: A New Breed of Hero'', a 2015 animated film *23166 Bilal, main belt asteroid *Bilal Muslim Mission, international Shi'a twelver organization *Bilal Xhaferri Publishing House, Albanian publishing house See also *Bilel or Billel, a given name *Bilali Bilali is usually a surname. It is derived from the Muslim name Bilal. Notable people with the surname include: * Afrim Bilali (born 1979), Albanian basketball player * Amir Bilali (born 1994), Albanian footballer * Dejvi Bilali (born 1996), Albani ...
, usually a surname {{Disambiguation, geo ...
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Northern Cyprus
Northern Cyprus ( tr, Kuzey Kıbrıs), officially the Turkish Republic of Northern Cyprus (TRNC; tr, Kuzey Kıbrıs Türk Cumhuriyeti, ''KKTC''), is a ''de facto'' state that comprises the northeastern portion of the Geography of Cyprus, island of Cyprus. List of states with limited recognition, Recognised only by Turkey, Northern Cyprus is considered by the international community to be part of the Cyprus, Republic of Cyprus. Northern Cyprus extends from Cape Apostolos Andreas, the tip of the Karpass Peninsula in the northeast to Morphou Bay, Cape Kormakitis and its westernmost point, the Kokkina exclave in the west. Its southernmost point is the village of Louroujina. A United Nations Buffer Zone in Cyprus, buffer zone under the control of the United Nations stretches between Northern Cyprus and the rest of the island and divides Nicosia, the island's largest city and capital of both sides. A 1974 Cypriot coup d'état, coup d'état in 1974, performed as part of an attempt ...
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Ahmet Tugay
Ahmad ( ar, أحمد, ʾAḥmad) is an Arabic male given name common in most parts of the Muslim world. Other spellings of the name include Ahmed and Ahmet. Etymology The word derives from the root (ḥ-m-d), from the Arabic (), from the verb (''ḥameda'', "to thank or to praise"), non-past participle (). Lexicology As an Arabic name, it has its origins in a Quranic prophecy attributed to Jesus in the Quran which most Islamic scholars concede is about Muhammad. It also shares the same roots as Mahmud, Muhammad and Hamed. In its transliteration, the name has one of the highest number of spelling variations in the world. Though Islamic scholars attribute the name Ahmed to Muhammed, the verse itself is about a Messenger named Ahmed, whilst Muhammed was a Messenger-Prophet. Some Islamic traditions view the name Ahmad as another given name of Muhammad at birth by his mother, considered by Muslims to be the more esoteric name of Muhammad and central to understanding his nat ...
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