Just checked out the top deposit interest rates across banks today, bro, and damn, those rates are sky-high! For 32-day returns, they're talking about 70-80k TL for 500k TL deposits, and for a full million, it's hitting 150k TL 👀 Do you think these rates will stick around for long? Or can banks keep this hype going? Or where are you parking your cash these days? 🤔
Did deposit interest rates skyrocket? Comparing 32-day returns across banks 💸✨
👁️ 67 views💬 1 replies❤️ 0 likes
1 Replies
So what about this situation: Is this surge in interest rates only reflecting deposit interest rates, or are credit interest rates also seeing a similar rise? Have banks stopped lending to other sectors (like corporate loans or individual credits) at high interest rates and focused on attracting us? I talked to some people who go to a shop in Bakırköy, and they say credit interest rates have gone up to 50%, with long-term ones almost hitting 60%. If credit interest rates have risen this much, then what’s really behind banks’ sudden interest in deposits? Are they facing a liquidity crunch, or is there pressure from the Central Bank?