Following the policy rate decisions of the Central Bank of the Republic of Turkey (CBRT) and market liquidity, banks entered the deposit interest race.
Especially the “welcome” interest rates and the rates offered through digital banking channels whet the appetite of investors.
Here are the bank deposit interest rates and 1-day interest yield of 2 million TL:
QNB
Interest Rate 42.25%
Net Earnings 1.766,69 TL
End of Maturity Amount 2,001,766.69 TL
YAPIKREDİ
Interest Rate 42%
Net Earnings 1.709 TL
End of Maturity Amount 2.001.709 TL
DENİZBANK
Interest Rate 36%
Net Earnings 1.627,4 TL
End of Maturity Amount 2,001,627.4 TL