1-year return of 1 million TL has been announced

16 February 2026

Lerato Khumalo

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.

The net income of a citizen who deposits 1 million TL in the bank at the end of 1 year (365 days) is astounding.

Here are the bank deposit interest rates and the 1-year interest yield of 1 million TL:

Garanti BBVA

Interest Rate 35.5%
Net Earnings 301,750 TL
End of Maturity Amount 1.301.750 TL

QNB

Interest Rate 34.25%
Net Earnings 247.456 TL
End of Maturity Amount 1.247.456 TL

Lerato Khumalo

As the editor-in-chief of Tuugo, I have dedicated over ten years to analyzing global economic dynamics and sharing insightful perspectives with our readers. My journey has allowed me to gain a deep understanding of contemporary economic issues and translate them into rigorous and balanced reports. I strive to promote constructive dialogue and a better understanding of current economic realities.