Central Bank Reports TL 9.6 Billion Profit in 2025

The Central Bank published its 2025 Annual Report, prepared as part of its transparency and accountability obligations.

According to the report, the Central Bank recorded a profit of TL 9 billion 567.3 million in 2025, while total assets on its balance sheet rose by 33.2% from the previous year to TL 204 billion 443.1 million.

Two Banks Warned, Five Fined

The report said the Central Bank continued its regulatory and supervisory activities throughout 2025.

“In 2025, the Bank continued its efforts to bring legislation concerning the TRNC banking sector closer to international standards, use policy instruments in a manner that supports the country’s economic development, and protect the rights and interests of depositors,” the report said.

Within this framework, one new communiqué, five amendment communiqués and one prospectus were issued and brought into force in 2025 under the authority granted by the Central Bank Law, Banking Law and Consumer Credit Law.

The Bank’s Board of Directors requested explanations from seven banks and one independent auditing firm under the Banking Law. The decision-making process concerning the independent auditing firm was carried over into 2026, while two banks were issued warnings and five banks were fined.

Electronic Payment Transactions Rise 59%

The report said the Electronic Payment System operated by the Central Bank provides uninterrupted service 24 hours a day, seven days a week.

The total number of transactions processed through the system increased by 59% year-on-year in 2025 to 1,817,050. Transactions conducted outside regular working hours accounted for 24.5% of total Electronic Payment System transactions during the year.

Risk Inquiry Service Launched via E-Government

The report said software development work had been completed to allow individuals to obtain risk reports containing their bank credit information electronically without having to apply to the Central Bank in person.

The risk inquiry service was made available through the e-Government Citizen Portal on August 22, 2025.

The system enables individuals to access their own risk information more quickly and easily while increasing the level of digitalisation of services provided by the Central Bank.

123 Employees at Central Bank

The report said 123 employees were working at the Central Bank as of the end of 2025.

The Central Bank’s staffing structure is set at 393 positions under the Central Bank Organisation Law, including the President and Vice Presidents serving under contract.

At the end of the 2025 activity period, 111 employees were working in permanent positions. Including two employees employed under the Law on the Protection, Rehabilitation and Employment of Persons with Disabilities and 10 temporary employees, the total number of staff fell from 124 in 2024 to 123 in 2025.

During 2025, two employees retired, one resigned and two new permanent employees were recruited. A total of 54 employees participated in online and in-person training programmes during the year.

Central Bank Profit Rises 39.65%

The report said total assets on the Central Bank’s balance sheet reached TL 204 billion 443.1 million at the end of 2025, representing a 33.2% increase compared with the previous year.

Cash, receivables from banks and the securities portfolio, which accounted for 93.2% of the Bank’s total assets in 2024, represented 93.9% of total assets at the end of 2025.

The Bank’s profit increased by 39.65% in 2025 compared with the previous year, reaching TL 9 billion 567.3 million.