Deposit Interest Rates See a First in 3 Years - Sözcü Newspaper
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8 Articles
Turkish Lira deposit interest rates continued their downward trend, falling to their lowest level in three years. According to data from the Central Bank of the Republic of Turkey (TCMB), the average interest rate for 1-3 month Turkish Lira deposits dropped to 36.9 percent in the week ending September 25.
The traditional perception of deposit investors is changing again. The average interest rate on 1-3 month Turkish Lira deposits, which hovered around 50% at the beginning of 2025, fell to 36.9% in the week of September 25th. With the start of October, banks' new customer campaigns and daily account products have come to the forefront again, resulting in a difference of over 8,000 TL in returns on a 1 million TL deposit over 32 days. Here are the…
According to Central Bank data, the interest rate on Turkish lira deposits with maturities of 1-3 months has fallen below the 37 percent mark for the first time since 2023, reaching 36.9 percent.
In Turkey, the 37% threshold for Turkish Lira (TL) deposit interest rates has been surpassed. The average TL deposit interest rate for 1-3 month terms fell to 36.9% in the week of September 25th, dropping below 37% for the first time since 2023. So, why are deposit interest rates falling? What is the current deposit interest rate? Details in our news report.
According to CBRT data, the average interest rate on 1-3 month Turkish Lira deposits fell to 36.9 percent in the week of September 25, reaching its lowest level since 2023.
The decline in Turkish Lira deposit interest rates has led to a new threshold being crossed. The average deposit interest rate for 1-3 month terms, which was around 50 percent at the beginning of 2025, has fallen below the critical level for the first time since 2023, according to the latest data.
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