Interest rates

[Yalides]

Blimey, gone down to 11 1/2 %.

 

[Sunny Seasider]

It's still a good rate though, compared with the UK. If dependant upon the interest towards cost of living though, it hits your pocket harder.

 

[immac]

Due to go down again on Tuesday 18th. Inflation is currently at around 4% and expected to rise to near 6.4% within a year.

Ian

 

[luckycat68]

God -- and I remember when it was 100 % --

 

[Yalides]

Don,t need it but nice to have.

 

[Saoirse]

what bank is doing 11.5%?

 

[alva5763]

Garanti is down to 91/2%

 

[Saoirse]

indeed thats why I was wondering who was offering 11.5%

 

[Sunny Seasider]

The on-line Bodrum Bulletin this issue (Thursday 13th Aug), gives the current rates for the major banks in Turkey. We got 11.25% on the 23rd July from Finansbank.

 

[Saoirse]

find it hard to believe any bank is currently doing 11.5%

 

[JML]

Got 11.5 a week ago at Garanti

 

[Saoirse]

thanx JML

 

[Yalides]

indeed thats why I was wondering who was offering 11.5%

Garanti to us. Depends how much you got in there I think.

 

[Sweetnighter]

Got 11.5 a week ago at Garanti

.......Out of interest did you "negotiate" this rate? There website suggests a maximum on e-time deposit account of 10.5%.

 

[JML]

No didn't negotiate, have banked with them for five years now and i think they give extra interest if you have over a certain amount in your acc.

 

[jolo]

God -- and I remember when it was 100 % --

Was that the interest rate or the inflation that was 100%?

 

[captain]

quote=saoirse;296771]find it hard to believe any bank is currently doing 11.5%[/quote]

Try banking in Turkey then :wacko:
Doug

 

[Saoirse]

I do...........

 

[jolo]

0.75% accross the board in my bank including the ISA, would love that kind of rate for my money here.

 

[Sunny Seasider]

Seemples, you will need Tax Number, address, passport, and off you go.