While Commercial Loan Interest Rates Decreased, Retail Loan Interest Rates Increased

While Commercial Loan Interest Rates Decreased, Retail Loan Interest Rates Increased
While Commercial Loan Interest Rates Decreased, Retail Loan Interest Rates Increased

The interest rate of TL-based commercial loans, on the other hand, decreased by 29 basis points compared to the previous week and became 20,66%. While the interest rate applied by banks for TL deposits decreased by 08 basis points to 44% in the week of April 15,51 compared to the previous week, the dollar deposit interest rate decreased by 10 basis points to 0,99% and the Euro deposit interest rate increased by 1 basis point to 0,49%.

The interest rate of TL-based commercial loans, on the other hand, decreased by 29 basis points compared to the previous week and became 20,66%. TL-based housing loan rates increased by 13 basis points to 18,09%; vehicle loan rates increased by 22 basis points to 25,17% and consumer loan rates decreased by 13 basis points to 27,91%.

While the interest rate of dollar-based commercial loans decreased by 209 basis points to 4,97% in the same week, the interest rate of Euro-based commercial loans decreased by 49 basis points to 3,48%.

While the deposit spread applied to commercial loans was 5,15% for TL, it was 3,98% and 2,99% for USD and Euro, respectively. The deposit spread in TL commercial loans continues to hover above the spread applied to Euro loans.

For the report Click here

 

Source: BMD

Similar Ads

Be the first to comment

Comments