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 500 thousand TL:
QNB
Interest Rate 42.25%
Net Earnings 420.18 TL
End of Maturity Amount 500.420,18 TL
ING
Interest Rate 40%
Net Earnings 384.25 TL
End of Maturity Amount 500.384,25 TL
seabank
Interest Rate 34.75%
Net Earnings 392.72 TL
End of Maturity Amount 500.392,72 TL
