Calis Beach and Fethiye Turkey Discussion Forum

Information and Services in Turkey Section => Banks, Interest, Money Transfers, Insurance => Topic started by: SteveandSue on April 11, 2006, 09:41:05 AM

Title: Interest rates?
Post by: SteveandSue on April 11, 2006, 09:41:05 AM

Hello all, we're thinking of moving out permanently in September and trying to assess how much interest our modest savings may earn.

Does anyone have the latest interest and tax rates for Finansbank?

I don't want to put all my eggs in 1 basket. Although I have no problem with Finanbank (Ayse is worth her weight in gold)I would like to spread the risk and use a number of different banks.

Can you recommend any other banks and advise interest and tax rates?

We are coming over for 2 weeks in May, but have so much to do in such a short time any help would be appreciated.

Thanking you in advance,
SnS

Title: Interest rates?
Post by: apollo on April 11, 2006, 13:38:03 PM

Before tax, the tax is deducted at source.

Akbank is currently paying.
YTL 14% for 1 and 3 months
Sterling 4.5% for 1 month

Title: Interest rates?
Post by: kim on April 16, 2006, 17:59:19 PM

I was in Finansbank last wednesday interest rate 15.75 ,Oyak is the same ...

Title: Interest rates?
Post by: Crabbit on April 16, 2006, 18:34:13 PM

ziraat bank, one of the most secure banks pay 13-14% dependant on how much you invest.
http://www.ziraatbank.com.tr/english/rates/rates.html


Crabbit

Title: Interest rates?
Post by: Crabbit on April 16, 2006, 18:36:21 PM

Finans bank has now been taken over by the National Bank of Greece, and will be known as "Asya Bank"

Crabbit

Title: Interest rates?
Post by: haluk on April 17, 2006, 08:02:15 AM

little correction Crabbit. Finans bank was taken over by the Greeks but is still called Finans bank and the name hasnt changed yet.
Asya finans was renamed Asya Bank which is a different company altogether.

Title: Interest rates?
Post by: SteveandSue on April 17, 2006, 13:36:29 PM

Thanks all for the useful information.
I didn't think rates would still be so high (a pleasant surprise)
Dave, Is there a Ziraatbank in Fethiye as I can't find one on there web site?
Best regards,
SnS

Title: Interest rates?
Post by: Linda1953 on April 17, 2006, 14:55:40 PM

So has the interest rate dropped for Finansbank now! it was 16.25% a few weeks ago?

Title: Interest rates?
Post by: Crabbit on April 17, 2006, 15:34:42 PM

Haluk
oops, i stand corrected.

SnS
Yes, there is a Ziraatbank in Fethiye

Crabbit

Title: Interest rates?
Post by: tribalelder on April 17, 2006, 20:38:26 PM

I think Finans Bank interest rates vary dependant on the balance in the account. :)

Title: Interest rates?
Post by: Elsa Padfield on April 18, 2006, 00:07:59 AM

Savings account in Garanti before tax is 13%

Title: Interest rates?
Post by: stuart on April 18, 2006, 03:07:36 AM

most banks here will take a great interest in your money!!