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 Photos

Turkey Bank Interest Rates

Showing rates for 12 Bank deposit providers in Turkey.
Provider Branch Founded Ownership
Ziraat Bankasi Ziraat Bankasi 1642 1888 N/A
Akbank Akbank 968 1948 Local
Garanti Garanti 921 1946 N/A
HSBC Turkey HSBC Turkey 307 1990 Foreign
Bank Asya Bank Asya 282 1996 Local
Turkiye Finans Turkiye Finans 250 2005 Foreign
Kuwait Turkish Participation Bank Kuwait Turkish Participation Bank 220 1989 Foreign
Citibank Turkey Citibank Turkey 8 1975 Foreign
Isbank Isbank 1,289 1924 Local
Standard Chartered Bank Turkey Standard Chartered Bank Turkey 2003 Foreign

Turkey Discussion Activity

  • HSBC Turkey
    Q: I have a banker cheque from ING insurance (banker cheque) to clear. what is the requirement for opening a bank account with your bank and any minimum deposit required before clearing the cheque?

    Reply Conrad from Tacoma, United States
  • Kuwait Turkish Participation Bank
    Q: Can i open Acount from you bank. I am Swedish £€$ if yes whats conditions Best A rashid

    Reply Abdirashid from Sweden
  • HSBC Turkey - Deposits - HSBC Turkey 1 Year USD Foreign Currency Account Time Deposit
    Q: If I deposit £10,000 pounds Sterling on a one month foreign currency time deposit, what interest rate would I receive?

    Reply Simon from United Kingdom
  • Garanti
    Q: We are buying a property in altinkum and would like to invest 50000pounds what interest would we get 6 monthly please

    Reply Christine from Nelson, United Kingdom
  • Citibank Turkey
    Q: Pls advise ASAP if I can open a US$ account in Turkey and what are your highest fixed/term deposit rates of interests for periods of 6 months to 36 months? The account will be for an Iranian Citizen. Regards

    Reply Ardi from Auckland, New Zealand
  • Deposits
    Q: Is it possible to deposit American dollars and if it is how much is the interest rate? Thank you

    Reply Hamid from Anaheim, United States
  • Deposits
    Q: how do you go about opening an account inturkey (marmaris)

    Reply maureen from Newcastle upon Tyne, United Kingdom
  • Garanti
    Q: Hello I have a account with geranti in your altinkum branch I'm looking to invest £58k in this account in altinkum what. Interest rates and. How. Much. Interest. Would I receive over 1yr. On 58k thanks

    Reply Stanley from United Kingdom
  • Akbank
    Q: What is the swift code for Akbank Private banking? I am trying to transfer funds to my account but my online banking says the swift code is wrong.

    Reply Brendan from Cyprus
  • Ziraat Bankasi
    Q: I already have an account. I am from Afghanistan, I am usually on visit to Turkey. Can I change my account for interest and how is the interest rate? Thank you

    Reply Qadari from Switzerland