The Central Bank of the Republic of Türkiye (CBRT) reduced the policy interest to 250 basis points from 45 percent to 42.5 percent.
The CBRT’s interest decision after the interest decision, “Monetary policy stance on credit and deposit markets and the effects on domestic demand are closely monitored” statements were given.
It is wondered if the decision is reflected in deposit interest rates. The monthly return of 500 thousand TL according to banks (32 days) was shaped as follows:
Akbank
Interest rate 44.5 %
MATERIAL END FOLLOWER 516.581 TL
Net earnings 16.581 TL
WARRANTY BBVA
Interest rate 43.5 %
Maturity End Fixes 516.208 TL
Net earnings 16.208 TL
QNB Finansbank
Interest rate 43 %
Maturity End Fixes 516.022 TL
Net earnings 16.022 TL
