Compare Bank Interest Rates in TurkeyTurkey is located between the continents of Europe and Asia. The Turkish economy ranks 16th in the world with a GDP PPP of $880 billion (USD) according to the IMF in 2009. A bank deposit that is held for a fixed term is called a time deposit in Turkey. According to CIA.gov its inflation was 10.4% in 2008 and 6.3% in 2009.
Top Deposit Accounts in Turkey
|1 year||Garanti 1 Year Time Deposit |
Interest rate applies for a 12 month / 1 year deposit from the 'TL E-Time Deposit Account' for a balance greater than 500.000,00 TRY
|3 month||Garanti 3 Month Time Deposit |
The rate applies for a three month term for the 'TL E-Time Deposit Account' that requires more than 500.000,00 TRY. USD and Euro foreign currency account time deposits are also available from this bank.
|1 month||Garanti 1 Month Time Deposit |
The Interest rate for this account is applicable for th 'TL E-Time Deposit Account' for a balance greater than 500.000,00 TRY and for a one month term
|3 month||Ziraat Bankasi 3 Month Time Deposit |
The indicated rate is for a 3 month/90 day time deposit and is an internet banking rate for a deposit below 500,000 Lira.
|1 month||Ziraat Bankasi 1 Month Time Deposit |
With the exception of demand deposits, the 1 month/30 day time deposit is the shortest maturity offered for this fixed interest product and the indicated rate is an internet banking rate for below 500,000 Lira.
|1 year||Ziraat Bankasi Time Deposit |
- Rate is applicable for deposits below 500 000 TL for 12 months.< 500 000 - 7.75%> 500 000 - 7.50%
|6 month||Ziraat Bankasi 6 Month Time Deposit |
The indicated interest rate is for a 6 month or 180 day time deposit for its an internet banking rate product. The deposit balance required for this rate is below 500,000 Lira.
|1 year||HSBC Turkey 1 Year Time Deposit |
The Interest rate for this YTL/TRY deposit applies for a 12 month / 1 year term ranging from 365-385 days.