History of the Republic of Turkey of modern Turkey begins with the foundation of the republic on October 29, 1923, with Kemal as its first president. The government was formed from the Ankara-based revolutionary group, led by Mustafa Kemal Atatürk and his colleagues. The second constitution was ratified by the Grand National Assembly on April 20, 1924. For about the next 10 years, the country saw a steady process of secular Westernization through Atatürk's Reforms, which included the unification of education; the discontinuation of religious and other titles; the closure of Islamic courts and the replacement of Islamic canon law with a secular civil code modeled
Central Bank of the Republic of Turkey Building was depicted on the reverse of the 20,000 lira banknotes of 1988-1997. Central Bank of the Republic of Turkey The Central Bank of the Republic of Turkey, CBRT () is the central bank of Turkey and is founded as a joint stock company on 11 June 1930. Shares of the CBRT are divided into four classes. Class A shares belong solely to the Turkish Treasury. Class B and Class C shares are allocated to national banks operating in Turkey, banks other than national banks and privileged companies. Finally, Class D shares are allocated to Turkish commercial institutions and to