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Old 12th March 2019, 16:41   #61 (permalink)
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Re: Bank Interest Rate Offer

We can expect a lot of reality checks after the elections.
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Old 12th March 2019, 17:09   #62 (permalink)
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Re: Bank Interest Rate Offer

For all its problems economic and otherwise why even a few years after leaving does Turkey still have a hold on me!!!!!

Bank interest rates are still good certainly compared to here. Our bank manager was asking us recently if we were interested in our banks saving bond with a mouth watering 0.85% yield
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Old 13th March 2019, 04:24   #63 (permalink)
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Re: Bank Interest Rate Offer

Quote:
Originally Posted by enoch View Post
If anyone is interested, today on turkish Bloomberg on the tv the Turkish central bank could be looking at a 400 base point reduction on interest rates in June .
İs it just me??? what does that actually mean in real terms for people with interest accounts and in idiot proof language?



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Old 13th March 2019, 04:39   #64 (permalink)
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Re: Bank Interest Rate Offer

Quote:
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İs it just me??? what does that actually mean in real terms for people with interest accounts and in idiot proof language?
It means 4%, or, in this case, a reduction of 4%. In terms of any economy, this is a huge shift.

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Old 13th March 2019, 12:44   #65 (permalink)
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Re: Bank Interest Rate Offer

One 'base point' or bip, means 100th of 1%. Interest rates are usually moved in 25 bips, meaning a quarter of 1%.
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Old 13th March 2019, 12:45   #66 (permalink)
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Re: Bank Interest Rate Offer

Quote:
Originally Posted by saoirse View Post
For all its problems economic and otherwise why even a few years after leaving does Turkey still have a hold on me!!!!!

Bank interest rates are still good certainly compared to here. Our bank manager was asking us recently if we were interested in our banks saving bond with a mouth watering 0.85% yield
Spanish or Irish bank?
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Old 13th March 2019, 14:56   #67 (permalink)
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Re: Bank Interest Rate Offer

I'm guessing it is the Spanish bank Kanga. xx
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Old 13th March 2019, 16:02   #68 (permalink)
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Re: Bank Interest Rate Offer

Espana
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