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. Investors are curious about the earnings that 1 million liras will generate over a 32-day term. Here are the current interest calculations and returns.
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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.