The Central Bank of the Republic of Türkiye (CBRT) has reported a internet revenue of TL 72.02 billion ($3.78 billion) for the yr 2022, in response to the steadiness sheet revealed Friday within the Official Gazette.
This is a rise from the CBRT’s revenue of TL 57.5 billion in 2021.
The financial institution’s tax liabilities for the final yr had been TL 22.3 billion.
Meanwhile, the CBRT has beforehand stated that it has donated TL 30 billion from its 2022 steadiness sheet revenue for the earthquake aid efforts. Two main quakes hit Türkiye’s southeastern area on Feb. 6, affecting 11 provinces and main the federal government establishments to run a marketing campaign for aid and reconstruction efforts.
Following the CBRT’s annual normal meeting, which might be held on March 28, 2023, the financial institution will switch its income from the earlier yr to the Treasury inside a couple of days, so long as there are not any delays and authorized provisions are put aside.
The CBRT has introduced that its 91st Fiscal Period Ordinary General Assembly Meeting might be held each electronically and bodily on the Headquarters Conference Hall in Ankara. The assembly will embody discussions and choices associated to the 2022 dividend distribution, in addition to the studying and dialogue of proposals concerning the steadiness sheet, revenue and loss account for the yr, and the distribution of income.
The CBRT sometimes holds a normal meeting on the finish of March annually, except an earlier resolution is made. Assuming there are not any delays and authorized provisions are put aside, the financial institution will switch its income from the earlier yr to the Treasury inside a couple of days following the overall meeting.
Last yr, the lender distributed its reserve fund from 2020 income to shareholders, together with the Treasury. It distributed TL 45 billion as superior dividends and TL 4.3 billion as reserve funds.
During the overall meeting assembly, the financial institution may also choose two new members for its board, in addition to three members for its supervisory board.
Source: www.dailysabah.com
