Divergence process in commercial loans and deposit interest rates
A noticeable differentiation between commercial loan interest rates and deposit interest rates stands out in the monetary transmission mechanism in financial markets.
According to data from the Central Bank of the Republic of Turkey, a divergence is observed between commercial loans and deposit interest rates within the monetary transmission mechanism.
Funding Cost and Deposits
The weighted average funding cost of the Central Bank of the Republic of Turkey stands at the 37 percent level.
According to recent reviews, a level of 37 percent was also observed in deposit interest rates during the week of September 18.
Commercial Loan Interest Rates
The course of commercial loan interest rates during the same weekly period revealed a different picture.
In the relevant week, the commercial loan interest rate was recorded at 41.1 percent.