TL Deposit Rates and TL Loan Rates Decreased

TL Deposit Rates and TL Loan Rates Decreased
TL Deposit Rates and TL Loan Rates Decreased
Subscribe  


While the interest rate applied by banks for TL deposits decreased by 26 basis points to 26% in the week of November 15,03 compared to the previous week, the dollar deposit interest rate decreased by 1 basis point to 0,55% and the Euro deposit interest rate remained unchanged at 0,19%.

The interest rate of TL-based commercial loans, on the other hand, decreased by 37 basis points compared to the previous week and became 18,88% in the same week. TL-based housing loan rates decreased by 14 basis points to 16,94%; vehicle loan rates increased by 21 basis points to 21,48% and consumer loan rates increased by 30 basis points to 23,57%.

While the interest rate of dollar-based commercial loans increased by 18 basis points to 3,47% in the same week, the interest rate of Euro-based commercial loans decreased by 35 basis points to 2,46%.

While the deposit spread applied to commercial loans was 3,85% for TL, it was 2,92% and 2,27% for USD and Euro, respectively. The deposit spread in TL commercial loans continues to hover above the spread applied to dollar and Euro loans.

For the report Click here

Be the first to comment

Comments