Coordinates: 1°17′19″N 103°50′47″E / 1.28861°N 103.84639°E / 1.28861; 103.84639

Clarke Quay Central is a commercial and residential building located on Eu Tong Sen Street, opposite Clarke Quay along the Singapore River in Central Area, Singapore. Clarke Quay Central comprises a five-storey shopping mall, situated below a block of purpose-built small office/home office (SOHO) units, and a 25-storey office tower.

Opened in January 2007, the contemporary shopping mall sits on a site directly above Clarke Quay MRT station. Managed by Far East Organization, the mall has five levels totalling 200,000 square feet (19,000 m²) of retailing space, and houses Singapore's first purpose-built SOHO units. The mall has a distinctive Japanese theme, with a wide variety of Japanese shops and restaurants as tenants. The mall's developer, Far East Organization, planned to turn Clarke Quay Central into a Japanese food paradise in the style of Decks Tokyo Beach, a popular waterfront shopping and entertainment complex in Tokyo's Odaiba district.

The Central Bank of Myanmar (Burmese: မြန်မာနိုင်ငံတော်ဗဟိုဘဏ်; MLCTS: myan ma naing ngam taw ba ho bhan IPA: [mjəmà nàinŋàndɔ̀ bəhòʊbàn]; abbreviated CBM) is the central bank of Myanmar (formerly Burma). It was established under the Central Bank of Myanmar Law in 1990.

Organisation

Its headquarters are in Yankin Township, Yangon, Yangon Division, and it is headed by a 17-member board of directors, headed by Than Nyein. The Central Bank of Myanmar is operated by the Ministry of Finance and Revenue, which is a government ministry headed by Major-General Hla Tun. The Deputy Minister of Revenue and Finance is Colonel Hla Thein Swe.

Role

CBM has liberalised the financial organisations for competition, efficiency and integration into the regional financial system. As of the end of December 2007, there are 15 domestic private banks and 13 representative offices of foreign banks and three representative offices of foreign insurance companies in Myanmar. According to the changes in the economic requirements of the country, the Central Bank rate has been increased from 10 percent to 12 percent since 1 April 2006.

A central bank, reserve bank, or monetary authority is an institution that manages a state's currency, money supply, and interest rates. Central banks also usually oversee the commercial banking system of their respective countries. In contrast to a commercial bank, a central bank possesses a monopoly on increasing the monetary base in the state, and usually also prints the national currency, which usually serves as the state's legal tender.

The primary function of a central bank is to control the nation's money supply (monetary policy), through active duties such as managing interest rates, setting the reserve requirement, and acting as a lender of last resort to the banking sector during times of bank insolvency or financial crisis. Central banks usually also have supervisory powers, intended to prevent bank runs and to reduce the risk that commercial banks and other financial institutions engage in reckless or fraudulent behavior. Central banks in most developed nations are institutionally designed to be independent from political interference. Still, limited control by the executive and legislative bodies usually exists.

The Central Bank of the Republic of Turkey, CBRT (Turkish: Türkiye Cumhuriyet Merkez Bankası, TCMB) 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 real and legal persons of Turkish nationality.

The CBRT determines, at its own discretion, the monetary policy to pursue and the policy instruments to use in achieving price stability in Turkey. This implies that the CBRT enjoys instrument independence. In order to attain its objective of price stability, the CBRT has implemented a full-fledged inflation targeting regime since 2006.

The preparations to establish a central bank of Turkey began in 1926, but the organization was established on 3 October 1931 and opened officially on 1 January 1932. The Bank had, originally, a privilege of issuing banknotes for a period of 30 years. In 1955, this privilege was extended until 1999. Finally it was prolonged indefinitely in 1994.