Turkey Interest Rates

Turkey 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.

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Turkey Bank Interest Rates

Showing rates for 12 Bank deposit providers in Turkey.
BankBranchFoundedOwnership
Ziraat BankasiZiraat Bankasi16421888N/A
AkbankAkbank9681948Local
GarantiGaranti9211946N/A
HSBC TurkeyHSBC Turkey3071990Foreign
Bank AsyaBank Asya2821996Local
Turkiye FinansTurkiye Finans2502005Foreign
Kuwait Turkish Participation BankKuwait Turkish Participation Bank2201989Foreign
Citibank TurkeyCitibank Turkey81975Foreign
IsbankIsbank1,2891924Local
Standard Chartered Bank TurkeyStandard Chartered Bank Turkey2003Foreign

Turkey Discussion Activity

  • Deposits
    Q: I am moving to turkeyu have £220000If I convert it to Tyrkish lira Wat is the best rate I can get if I lock it in for 6minths to a yearand how much will it earn a month

    Colin from Royal Tunbridge Wells, United Kingdom
  • HSBC Turkey
    Q: When I move to turkeyI want to live on my interest from deposited savings. If I deposit 200000 GBPconverted into Turkish lira, what interest rates would I achieve

    Colin from Royal Tunbridge Wells, United Kingdom
  • Ziraat Bankasi
    Q: Hi, as a UK resident how do I open a savings account ? I travel to Izmir twice a year on business - do I need to visit a local branch or can I open account through the Internet.RegardsPeter

    Peter from Turkey