Monthly return on 1 million liras calculated! Banks' new interest returns announced

Following the Central Bank's latest interest rate decision, banks have updated their 1-month interest rates. The earnings that 1 million liras will generate at the end of a 32-day term are also being researched.

Here are the calculations for interest returns:

AKBANK

Interest Rate 48%

Net Gain 37,770.49 TL

Amount at Maturity 1,037,770.49 TL

DENİZBANK

Interest Rate 49%

Net Gain 38,557.38 TL

Amount at Maturity 1,038,557.38 TL

GARANTİ BBVA

Interest Rate 46%

Net Gain 36,196.72 TL

Amount at Maturity 1,036,196.72 TL

HALKBANK

Interest Rate 42%

Net Gain 33,049.18 TL

Amount at Maturity 1,033,049.18 TL

İŞ BANKASI

Interest Rate 42%

Net Gain 33,049.18 TL

Amount at Maturity 1,033,049.18 TL

ING

Interest Rate 52%

Net Gain 40,918.03 TL

Amount at Maturity 1,040,918.03 TL

YAPI KREDİ

Interest Rate 46%

Net Gain 36,196.72 TL

Amount at Maturity 1,036,196.72 TL

TEB

Interest Rate 52%

Net Gain 40,918.03 TL

Amount at Maturity 1,040,918.03 TL

ODEA

Interest Rate 48%

Net Gain 37,770.49 TL

Amount at Maturity 1,037,770.49 TL

İŞ BANKASI

Interest Rate 42%

Net Gain 33,049.18 TL

Amount at Maturity 1,033,049.18 TL

QNB FİNANSBANK

Interest Rate 37.25%

Net Gain 29,311.48 TL

Amount at Maturity 1,029,311.48 TL.