While the interest rates on fixed deposit schemes were deregulated in 1997, the central bank continues to fix the rate on savings deposits
. Until recently banks paid 3.5 per cent on saving accounts, which was fixed in 2003.
"A service member can contribute up to $10,000, but interest of 10 percent will not accrue after that amount," said Roger Castillo, program director for the Savings Deposit
The Hong Kong Association of Banks decided Friday at its weekly meeting to decrease the key savings deposit
rate to 2.75% from 3.25%.
TMSF's head further noted that domestic conglomerate Dogus Group and two or three other parties were also interested in Digiturk.Country: TurkeySector: MediaTarget: DigiturkBuyer: Turk Telekomunikasyon AS Vendor: Savings Deposit
Insurance Fund (TMSF)Deal size in USD: 530mType: Corporate acquisitionStatus: Bidding
The bidder offered USD42m (EUR31.3m) against the USD90m expected by the Turkish savings deposit
insurance fund TMSF.
One of the deposit banks are actually under the auspices of the Savings Deposit
Insurance Fund (SDIF).
However, time and savings deposit
fell five per cent in the first quarter of 2016 due to a decline in oil prices.
ANKARA, Nov 16, 2009 (TUR) -- Turkey's Savings Deposit
Insurance Fund (TMSF) will hold separate tenders on several TV and radio channels.
With a minimum account opening amount of only 1,000 baht, "Caring" savings deposit
accounts can serve as emergency funds.
The moves come after on October 25 savings deposit
rates were deregulated by the central bank of India.
M1B includes currency in circulation, checking deposit, passbook deposit, and passbook savings deposit
, while M2 equals M1B plus time deposit, time savings deposit
, and transference from postal deposit.
The Savings Deposit
Insurance Fund of Turkey (TMSF) sent a petition to the court, saying that Cem Uzan was banned from going abroad within the framework of a lawsuit he was being tried on charges of "embezzling the money in a private bank", and asked the court to decide that Uzan be arrested.
26 November 2010 - Turkey's savings deposit
insurance fund (TMSF) has postponed the auction for local small lender Adabank, Reuters reported Friday, citing a TMSF official.
Banking Regulation and Supervision Agency (BDDK), Turkey's Savings Deposit
Insurance Fund (TMSF), Central Bank and Treasury contributed to the preparation of the booklet explaining banking crisis in Turkey before 2001, the regulative principles adopted after the crisis, and the recent situation of banking sector.
Because of the political crisis economists believe credit activities may slow down and savings deposit
caution may increase.