Türkiye Cumhuriyet Merkez Bankasi

An institutional comparison of private shareholding in the central banks of South Africa and Turkey

This paper considers institutional aspects of private shareholding in the central banks of South Africa and Turkey. It is shown that only a small number of central banks other than the SA Reserve Bank (SARB) in South Africa and Türkiye Cumhuriyet Merkez Bankasi (TCMB) in Turkey have any form of private shareholding. The comparison highlights considerable institutional differences between the shareholding governance structures of the SARB and the TCMB.

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