The monthly return on 350 thousand liras has been revealed: Which bank pays how much?
While those looking to protect their savings against inflation are turning to deposit interest, the 1-month return on 350 thousand liras varies from bank to bank. Interest rates range between 37 percent and 43 percent. Here are the net earnings and maturity-end amounts...
Citizens who do not want their money to lose value against rising inflation are closely following deposit interest rates. The net earnings that 350 thousand liras will provide over a monthly term vary according to the bank.
Here are the interest rates offered by the banks:
ING
Interest Rate: 40%
Net Earnings: 9,389 TL
Amount at Maturity: 359,389 TL
Yapı Kredi
Interest Rate: 43%
Net Earnings: 10,103.84 TL
Amount at Maturity: 360,103.84 TL
HSBC
Interest Rate: 42.5%
Net Earnings: 10,920.65 TL
Amount at Maturity: 360,920.65 TL
DenizBank
Interest Rate: 39.5%
Net Earnings: 9,999.45 TL
Amount at Maturity: 359,999.45 TL
QNB Finansbank
Interest Rate: 39.5%
Net Earnings: 9,999.45 TL
Amount at Maturity: 359,999.45 TL
Akbank
Interest Rate: 39%
Net Earnings: 9,872.88 TL
Amount at Maturity: 359,872.88 TL
Türkiye İş Bankası
Interest Rate: 37.5%
Net Earnings: 9,493.15 TL
Amount at Maturity: 359,493.15 TL
Halkbank
Interest Rate: 37%
Net Earnings: 9,366.58 TL
Amount at Maturity: 359,366.58 TL