ANKARA, Feb 16 (A.A) - Interest rate of banks for 1-month Turkish lira (TL) deposits reduced to about 50 percent and interest rate for 12-month TL deposits reduced to about 60 percent.
Interest rates of some banks for monthly TL deposits are as follows:
Bank 1-MO 3-MO 6-MO 12-MO
--------------- ------ -------- ------ -------
Citibank 57 54 56 61
Finansbank 57 57 62 64
Garanti Bankasi 57 57 60 65
Is Bankasi 56 58 61 62
Kocbank 57 58 59 60
Oyakbank 59 60 60 60
Sekerbank 56 55 55 55
Vakifbank 53 54 54 54
Yapi Kredi Bankasi 55 58 60 61
Ziraat Bankasi 57 56 56 56