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-OYAKBANK DG EMINSOY: RATES MAY DECREASE TO 1.35 WITHIN 2 MONTHS

ISTANBUL - ''If current milieu in economy continues, the rates of house loan interest may drop to 1.35 percent within 2 months,'' Oyakbank Director General Hakan Eminsoy told A.A on Saturday.
Eminsoy said that currently there is an optimistic milieu both in Turkish economy and other developing markets. He added that the demand of foreigners to invest in YTL also continues.
He noted that the drop in rates of house loan interest is not expected to be fast, adding that there will not be instant ups and downs in loans due to long-term funding.
Eminsoy said that on the other hand, drop trend of vehicle loans will be slower because its terms are shorter.