central turkey bank is expected to move its operations from the capital Ankara to son new home in Istanbul in coming months, according to an email sent by the monetary authority to its employees.
central bank of The Republic of Turkey (CBRT) Governor Şahap Kavcıoğlu last year announced plans to move the bank’s in Istanbul Financial Center (IFC) by 2022.
The transition will be completed between June and September, Turkey media reported on Monday, citing the email sent to employees on Friday.
the bank at already began moving units from Ankara to its building in Istanbul’s Ümraniye district, before it was completely moves in the financial center of Istanbul.
the project started in 2009 and is ongoing developed in Istanbul’s Ataşehir district with an objective of to become one of the world is major financial centers.
A major part of the IFC project should be operational by the end of the first half of the yearPresidential Office of Finance head Goksel Asan said in end of October.
The Landmark project aims to establish a financial center which is on equal, if not greater, than existing ones in New York, London and Dubai. the government hope the project will make Istanbul the center of finance tointernational.
ready to be built on a area of approximately 300,000 square meters (3.2 millions square feet), the IFC also host public lenders like Ziraat Bank, Halkbank and VakıfBank, as well as public institutions, including the Capital Markets Council of Turkey (SPK) and the Banking Regulation and Supervision Agency (BDDK).