Following the fact that the June inflation came below the estimation with 1.37 percent on a monthly basis, the expectation of interest rate reduction in the markets increased and the eyes turned to the Central Bank of the Republic of Turkey (CBRT).
With the weight of interest rate reduction in the markets, attention has returned to deposit rates.
As of July 10, the term deposit interest rates of many banks are over 50 percent …
Which bank gives the highest deposit interest rate? What is the monthly interest rate return of 700 thousand TL?
The 1 -month return of 700 thousand TL is the bank bank shaped as follows:
Akbank
Interest rate 48 %
Maturity Ends Fixed 724.302 TL
NET EARNING 24.302 TL
WARRANTY BBVA
Interest rate 47.5 %
Maturity Ends Fixed 724,049 TL
NET EARNING 24,049 TL
