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Bank interest rates to drop.
Posted: Fri 03 Aug 2012 1:04 pm
by solic200
Just been informed from my bank that Turkey are dropping the interest rates. They were not 100% sure of the exact drop but said it was likely to be 0.5% to start with.
They advised me to take the 4 month fixed savings option instead of my monthly option to balance it out.
Re: Bank interest rates to drop.
Posted: Fri 03 Aug 2012 2:21 pm
by bigbadbob
This is interesting news I wonder what will happen to the exchange rate it may fall so it will be a case of swings and roundabouts but in my opinion never believe what a banker tells you!!
Re: Bank interest rates to drop.
Posted: Sat 04 Aug 2012 3:21 pm
by stellasstar1
Which bank was that? My bank, Garanti have just dropped mine by 1%, from 11 to 10%
Re: Bank interest rates to drop.
Posted: Sat 04 Aug 2012 3:29 pm
by Deniz1
Exchange rate was 2.75 this morning in town.
Re: Bank interest rates to drop.
Posted: Sun 05 Aug 2012 11:00 am
by solic200
stellasstar1 wrote:Which bank was that? My bank, Garanti have just dropped mine by 1%, from 11 to 10%
It was Iktisat bank.