North Cyprus Tourist Board - Interest rates Who is best at the moment
North Cyprus
North Cyprus > North Cyprus Forum > Interest rates Who is best at the moment

Interest rates Who is best at the moment

North Cyprus Forums Homepage

Join Cyprus44 Board | Already a member? Login

Popular Posts - List of popular topics discussed on our board.

You must be a member and logged in, to post replies and new topics.



Jaybee


Joined: 11/11/2008
Posts: 228

Message Posted:
18/01/2012 09:00

Join or Login to Reply
Message 1 of 42 in Discussion

Im with Limasol Coop getting 8% anyone getting a better rate?



metininkibris


Joined: 12/12/2011
Posts: 86

Message Posted:
18/01/2012 09:32

Join or Login to Reply
Message 2 of 42 in Discussion

9.50 Yakın Doğu Bank just down the road from h s b c



Saint1


Joined: 22/08/2008
Posts: 22

Message Posted:
18/01/2012 12:48

Join or Login to Reply
Message 3 of 42 in Discussion

top_poket@hotmail.com You can ask any questions regarding interest rates



Groucho



Joined: 26/04/2008
Posts: 7993

Message Posted:
18/01/2012 12:58

Join or Login to Reply
Message 4 of 42 in Discussion

don't do it!



ozgurkara


Joined: 02/03/2009
Posts: 79

Message Posted:
18/01/2012 13:30

Join or Login to Reply
Message 5 of 42 in Discussion

you can try sekerbank next to hsbc around 9.50



amego


Joined: 03/01/2012
Posts: 1

Message Posted:
18/01/2012 14:50

Join or Login to Reply
Message 6 of 42 in Discussion

Do you have to be residing in North Cyprus to open a bank account there and get these interest rates or can you open one even though you are living in the UK and just visit North Cyprus?



Swany



Joined: 01/12/2009
Posts: 255

Message Posted:
18/01/2012 14:55

Join or Login to Reply
Message 7 of 42 in Discussion

at 6 YES a few banks will allow this.

at 4 don't do what Groucho?



Agobard


Joined: 20/08/2008
Posts: 271

Message Posted:
18/01/2012 15:45

Join or Login to Reply
Message 8 of 42 in Discussion

Ask Limassol for a better rate which they will probably give, depending upon how much you have on deposit.



Deniz1


Joined: 28/07/2009
Posts: 3829

Message Posted:
18/01/2012 15:53

Join or Login to Reply
Message 9 of 42 in Discussion

Universal 9% i was told by a cypriot not to trust Yakin Dogu Bank.



tasmin1


Joined: 18/01/2012
Posts: 4

Message Posted:
18/01/2012 17:12

Join or Login to Reply
Message 10 of 42 in Discussion

I have tried them all and decided to open an account at Creditwest bank at Karaoglanoglu branch for expats. The service is very good and professional. There is russian speaking and english speaking staff there as well. I have invested there and they gave me a good interest rate for my funds. I'm very happy.



pollymarples


Joined: 08/08/2010
Posts: 1778

Message Posted:
18/01/2012 17:49

Join or Login to Reply
Message 11 of 42 in Discussion

Asbank 9.25% up to 100,000 Lira

9.50% over 100,000 Lira



For everyone, you dont have to negoitiate a special deal



karakum5c



Joined: 18/03/2008
Posts: 1021

Message Posted:
18/01/2012 17:54

Join or Login to Reply
Message 12 of 42 in Discussion

exhange rate last year 1 ............ 2.5 TL



exchange rate this year 1 ...............2.8 TL



QUESTION..............AT 8% per annum am i any better offl



Swany



Joined: 01/12/2009
Posts: 255

Message Posted:
18/01/2012 18:26

Join or Login to Reply
Message 13 of 42 in Discussion

re 12

are you going to convert back to GBP ()

if you are you are 3.5% down

if you are not you are 8% up

so it may be good for you it may not



dekski


Joined: 08/11/2008
Posts: 142

Message Posted:
18/01/2012 18:47

Join or Login to Reply
Message 14 of 42 in Discussion

Well I would say your capital sum [50k pounds] is about a thousand lira worse off now after a year at 10% interest!



cyprusjoker


Joined: 29/08/2009
Posts: 1107

Message Posted:
18/01/2012 18:53

Join or Login to Reply
Message 15 of 42 in Discussion

The joy of having this worry.



ilk22


Joined: 18/05/2011
Posts: 136

Message Posted:
18/01/2012 19:00

Join or Login to Reply
Message 16 of 42 in Discussion

Do as my Grandmother did, stitch it all up inside a pillowcase - you'll sleep much better for it.



john1234


Joined: 20/04/2009
Posts: 321

Message Posted:
31/01/2012 22:06

Join or Login to Reply
Message 17 of 42 in Discussion

Currently getting 10.25% at Garanti, e-account TL Time Deposit Account for 32 days.

Can't get much better than that!



Ed1957


Joined: 03/09/2011
Posts: 377

Message Posted:
31/01/2012 22:12

Join or Login to Reply
Message 18 of 42 in Discussion

Totally agree with Swanny



each for their own, if most of your outgoings are in TL, and you really have made 'the switch' then TL investment makes sense.



if your mind is still in GB and GBP then beware



judyr


Joined: 07/07/2009
Posts: 956

Message Posted:
16/02/2012 13:59

Join or Login to Reply
Message 19 of 42 in Discussion

Who is giving a good rate for GBP?



gates


Joined: 08/12/2008
Posts: 1096

Message Posted:
16/02/2012 14:46

Join or Login to Reply
Message 20 of 42 in Discussion

12% universal but you need to put in 14000tl min



judyr


Joined: 07/07/2009
Posts: 956

Message Posted:
16/02/2012 14:55

Join or Login to Reply
Message 21 of 42 in Discussion

I was wanting to know the rate for not tl



eager


Joined: 23/02/2007
Posts: 1272

Message Posted:
16/02/2012 15:03

Join or Login to Reply
Message 22 of 42 in Discussion

Scroll down the page to a thread by crazyhorse,.... Iktisatbank offering 12%



gates


Joined: 08/12/2008
Posts: 1096

Message Posted:
16/02/2012 15:39

Join or Login to Reply
Message 23 of 42 in Discussion

the rate for is not worth worring about some 2 some 2and half why worry



reyntj


Joined: 26/01/2011
Posts: 229

Message Posted:
16/02/2012 16:27

Join or Login to Reply
Message 24 of 42 in Discussion

re stirling seker nank offered me 4 % garanti 3.8 % plus they said depending how much i gave them they could get some more so it isworth worrying about depending how much you give them on 100k its 4 k per annum les tax is 3600 - 300 per month



budweiser


Joined: 02/03/2011
Posts: 10

Message Posted:
18/02/2012 01:17

Join or Login to Reply
Message 25 of 42 in Discussion

ı work in universal bank (starling) alsancak brach and our interest rates very suitable now.

ıf you want to invest some money that ı will be in there and always will help you.

come and lets talk face to face



Sandford


Joined: 17/12/2011
Posts: 133

Message Posted:
18/02/2012 03:50

Join or Login to Reply
Message 26 of 42 in Discussion



Creditwest 8.5% on TL savings



HSBC 7% for TL fixed period bonds. Usual 0.5% on sterling savings



budweiser


Joined: 02/03/2011
Posts: 10

Message Posted:
18/02/2012 18:16

Join or Login to Reply
Message 27 of 42 in Discussion

our interest rates dependable from your offer.so, ıf you want to get good service and good interest rates that ı will be universal bank (starling)alsancak branch.ıf you interest that ı will be there on monday.



Saint1


Joined: 22/08/2008
Posts: 22

Message Posted:
21/02/2012 09:08

Join or Login to Reply
Message 28 of 42 in Discussion

I use Creditwest Of Karaoglanoglu branch for many years. Im happy with the interest rates , service (english and russian speaking staff) and the security sistem of double AA which makes me sleep comfortable.



Happy Hussar


Joined: 01/10/2008
Posts: 318

Message Posted:
21/02/2012 10:05

Join or Login to Reply
Message 29 of 42 in Discussion

CreditWest will offer 12percent on Large amounts!

The rest of us get 8.5!!!



eager


Joined: 23/02/2007
Posts: 1272

Message Posted:
21/02/2012 10:16

Join or Login to Reply
Message 30 of 42 in Discussion

Msg 29

How do you know that ?



Happy Hussar


Joined: 01/10/2008
Posts: 318

Message Posted:
21/02/2012 12:20

Join or Login to Reply
Message 31 of 42 in Discussion

I was informed by the staff recently that if I had a large sum to invest I would be looking at 12 percent interest.

Tony



eager


Joined: 23/02/2007
Posts: 1272

Message Posted:
21/02/2012 13:40

Join or Login to Reply
Message 32 of 42 in Discussion

Was that by Nesrin ?



Geoff1131


Joined: 12/07/2007
Posts: 276

Message Posted:
21/02/2012 13:49

Join or Login to Reply
Message 33 of 42 in Discussion

Happy Hussar, What amount would be considered a Large amount???



tarry67


Joined: 16/05/2008
Posts: 1053

Message Posted:
21/02/2012 14:47

Join or Login to Reply
Message 34 of 42 in Discussion

If anyone is getting above 10% then I would imagine it is tied up for 1 year even though you are getting a payout each month.



Saint1


Joined: 22/08/2008
Posts: 22

Message Posted:
21/02/2012 14:52

Join or Login to Reply
Message 35 of 42 in Discussion

Message 29, Karaoglanogolu branch of Creditwest bank have special offers for not only big amounts but small as well. I would suggest that you go there...



Geoff1131


Joined: 12/07/2007
Posts: 276

Message Posted:
21/02/2012 14:59

Join or Login to Reply
Message 36 of 42 in Discussion

I think we can safely say that any small amount will get you 8.5%. But i am still in the dark as to how much would be considered to be a large amount???



Happy Hussar


Joined: 01/10/2008
Posts: 318

Message Posted:
21/02/2012 15:03

Join or Login to Reply
Message 37 of 42 in Discussion

Msg 32 Yes. I was telling her about funds tied up in Scottish Widows earning peanuts in interest and she said transfer it to here!



tasmin1


Joined: 18/01/2012
Posts: 4

Message Posted:
21/02/2012 16:00

Join or Login to Reply
Message 38 of 42 in Discussion

Hi Geoff131 you can get more than 8.5% for small amount at Creditwest karaoglanoglu branch.



suehowlittle


Joined: 31/10/2010
Posts: 1202

Message Posted:
21/02/2012 16:36

Join or Login to Reply
Message 39 of 42 in Discussion

Iktisabank are NOT offering 12% - I went in to have a chat today and the best they can offer on NEW MONEY and only for the month of February is 10.5% for 32 days. They will guarantee this for 6 months and then you are back to the normal rate whatever that may be.



I may not be getting the best rate but am not prepared to spend my retirement chasing 1% and doing it every 6 months or so.



Also Iktisabank do not let you open edeposit (time deposit accounts) online. They actually tried to tell me that the law prevents it!. Not true, until I had too many lire I used to always do my own with HSBC. There is a ceiling on this.



Staying put. Have been with HSBC for 9 years and they try to look after their customers where they can, Julie is a treasure.



breezyboy


Joined: 14/05/2007
Posts: 1179

Message Posted:
22/02/2012 12:09

Join or Login to Reply
Message 40 of 42 in Discussion

Geoff

Over 100000 TL gets a good rate.

The 12% quoted by Creditwest this week is for 500000Tl and has to be all new deposits and cannot include what you already have wuth them.



eager


Joined: 23/02/2007
Posts: 1272

Message Posted:
22/02/2012 12:16

Join or Login to Reply
Message 41 of 42 in Discussion

Has anyone got an email address for the Creditwest K,loo branch please ?



tasmin1


Joined: 18/01/2012
Posts: 4

Message Posted:
24/02/2012 09:07

Join or Login to Reply
Message 42 of 42 in Discussion

you can contact elnara.huseyin@creditwestbank.com

russian and english speaking staff.



North Cyprus Forums Homepage

Join Cyprus44 Forums | Already a member? Login

You must be a member and logged in, to post replies and new topics.