Garanti Bank information

tarry67


Joined: 16/05/2008
Posts: 1053

Message Posted:
22/09/2011 20:13

Does anyone know the interest rate at the moment given by Garanti Bank.

AlsancakJack



Joined: 14/08/2008
Posts: 5762

Message Posted:
22/09/2011 20:23

It depends on how much you have to invest and what currency you want to invest in.

Far better to talk to the bank direct to get the right answers.

Ed1957


Joined: 03/09/2011
Posts: 377

Message Posted:
22/09/2011 21:39

look at their website

Ed1957


Joined: 03/09/2011
Posts: 377

Message Posted:
22/09/2011 21:40

In TL accounts it is about 8.75%

tarry67


Joined: 16/05/2008
Posts: 1053

Message Posted:
22/09/2011 23:13

Looked at web site but I couldn't actually find any rates being given.

Thanks for the info Ed, I have heard they are a very good safe bank here, and in turkey are the 2nd largest.

ttoli


Joined: 24/03/2007
Posts: 1172

Message Posted:
23/09/2011 00:11

That is If !!, you can get to the counter, average wait 1 Hour +

Kantara


Joined: 28/05/2007
Posts: 661

Message Posted:
23/09/2011 06:35

Once you have an account there you can get a bankcard and then you don't have to wait too long..I am never waiting more than 15 minutes..mostly less....

Tenakoutou



Joined: 27/07/2009
Posts: 4110

Message Posted:
23/09/2011 08:09

For various reasons mentioned above, plus we heard it was no longer Turkish government owned, we left this bank and now bank with Ziraat Bank, which certainly is Turkish government.

cyprusbreeze


Joined: 20/08/2009
Posts: 91

Message Posted:
23/09/2011 08:22

Taken from Wikipedia:

Garanti Bank is the second largest-private bank in Turkey with US$90 billion in assets as of December 31, 2010. On November 2nd, 2010 BBVA (Banco Bilbao Vizcaya Argentaria), Spain's second largest bank, acquired 24.9% stake in Garanti Bank for $5.8 billion. Garanti provides retail, commercial, corporate and private banking services to ten million customers

Tango1


Joined: 19/02/2011
Posts: 1151

Message Posted:
23/09/2011 11:05

I think Garanti is as safe as any in this country. You can also buy gold with them if you want to make your money safer. It's a bit late now though. Year ago gold was about $800 an ounce, just look at it now! Where else would you get those returns.

Swany



Joined: 01/12/2009
Posts: 255

Message Posted:
23/09/2011 12:05

Re 10

One year ago gold was trading at just under $1300 an ounce not $800 BUT a 34% gain none the less...

What is more impressive is the 5year gain on gold is 195%!

There is talk that gold will go to $2000 plus by the end of the year.

http://www.goldprice.org/spot-gold.html

Deniz1


Joined: 28/07/2009
Posts: 3829

Message Posted:
23/09/2011 15:24

Does anyone know how the Gold Account works?

Tango1


Joined: 19/02/2011
Posts: 1151

Message Posted:
23/09/2011 23:15

Why not go into Garanti and discuss it with them. I have a friend who moved into gold about 18 months ago, you can tell he's smiling now. He thought that the returns on "ordinary" bank accounts was not enough and just went for it.