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.
Bank 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

  • 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

    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.

    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

    Qadari from Switzerland