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

  • Garanti
    Q: Can I open a deposit/savings account with £10,000 and how much interest would I get monthly on that? Also, could I transfer that money back to an English account any time I choose?

    Leigh from Turkey
  • HSBC Turkey
    Q: What are the current interset rates in turkey for deposit accounts?I have approx 153,500turkish lira to invest.

    Mary from Dublin, Ireland
  • Akbank
    Q: Hello, i,m a foreigner and i am interested in opening a bank account in your country. Can you tell me please if it is possible ?

    ANILA from Athens, Greece