Best Offer from Banks for Savings

[banker]

I ve updated my profile :

[lance]

Banker where is your bank and how do i get there thankyou

quote:Originally posted by banker

I ve updated my profile :

[banker]

Our bank is opposite the entrace to the Paspatur where the duckpond is you can cross from Me&gri restaurant.

hope to see you soon  

[tel]

What is the latest on Fortis now they have brought the Belgium government down?  BNP saviour deal in jeopardy!!!
Alper how is it going to pan out and  by the way. any news on the Turkish Government decision to raise the bank guarantee of increasing the 50k per person to 100k?

[banker]

We are also waiting for gov. about the limits. About Fortisbank Belgium, gov. is down but the new gov. will manage the bank as you follow from news banks owner is %99 Belgium Goverment and I think this is a really big power for a bank  

[tel]

Thanks for that Alper.
The Turkish government I thought said the announcement would be in two weeks!!!!!!
Fortis bank survives ok then we shall say, but do they honour savings agreements outside Belgium for sure?   One wonders also, how long it would take for payouts to materialise?  I would guess it would be years rather than months. I refer to all the banks by the way, I am not knocking yours.   But this surely is another good reason to spread savings around different banks.

[VR2]

It's a question many of us are asking just now - where can we safely get a good return for our investments.

At the moment Fortis says you will earn up to 4% AER (gross) on EUR savings accounts or up to 18.80% AER (gross) on TRY accounts (does anyone understand exactly why there is such a great disparity?) It sounds as if it would be crazy not to invest YTL - however the £/TRY conversion is not good at the moment (ie. £1.00 = 2.23TRY)

Although Garanti's rates are not so high (15% for up to 25k on a TRY account) It's worth noting that with an e-Time Deposit Account with Garanti Online Banking, your deposits can earn an extra 1% interest. So for example this is 4 x what you get with the Fortis EUR account.

I don't know what rates Fortis offer for internet banking accounts, but if they are comparable or better - it wouldn't matter that they didn't have a branch in Fethiye.

[karaokemark]

My monthly account with Finnans matured today I got 21.5% gross last month, the new rate for the next month is 15.5%  for 100,000ytl Fortis bank are offering 18.25% a difference of 260 ytl this month. The money is in a joint account so is protected under the goverment guarantee.
Mark

[tinkerman]

Mark, did your rate drop from 21.5% to 15.5% ? Our friends also had a new rate today from Finans of 17.5% on less than 100ytl, same as last month?

[karaokemark]

yes Tink that is how much it dropped, I have just checked on line as well
Mark