Compare Bank Deposit Rates in Turkey

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.

Top Deposit Accounts in Turkey

Company
Updated
Term Account Details Currency APY

Feb, 2014
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.
TRY 9.25%

Feb, 2014
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.
TRY 9.25%

Feb, 2014
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.
TRY 9.25%

Dec, 2013
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
TRY 8.70%

Feb, 2014
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%
TRY 8.50%

Dec, 2013
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.
TRY 8.45%

Dec, 2013
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
TRY 8.00%

Dec, 2013
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.
TRY 5.00%