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Turkish Economy is High Spirited with Better Banka Faiz Oranlari
Turkish Economy is High Spirited with Better Banka Faiz Oranlari
It’s now official that Turkey has the fastest growing economy, thanks to statistics that indicate a positive economy
Sanger,
CA,
United States
(pr4links.com)
22/07/2011
An independent report released recently has confirmed that Turkey is indeed all set to dominate in the world economy market. The country has registered an 11% expansion in the first quarter than it was a year ago, leaving countries like China, Argentina and other European countries way behind.
Consumer spending too has growing, despite the Central Banks decision to resort to unorthodox strategies like lowering the faiz oranlari. While there are some who are skeptical about the boom. They believe that the boom is unsustainable and high domestic demands may lead to an economy that is beyond control. The Central bank has in fact now announced that banks that exceed the 20 per cent limit that excludes vadeli mevduat faiz oranlari and loans for cars, have to pay provisions of 4% instead of 1%.
Even as the debate about the growth rate of the Turkish economy rages, there are plenty of people investing in real estate. The town of Bodrum is now an epicenter in Turkey with millionaires spending millions of dollars to buy property. People spending on flashy brand names and fine eateries are a norm here. Banks too are doing their part with low interest bankalarin mevduat faiz oranlari. In fact, banks have reported that non performing loans have remained at an all time low at about 3% of the outstanding loans.
While these may be true, there’s no denial of the fact that the Turkish economy has indeed seen growth. As earlier said, there’s an increased demand in the real estate segment. Foreigners have always been interested in this Mediterranean country, but were unsure of the country’s largely unregulated with no constructive mortgage rules in place. This however changes with the latest regulation that allowed foreigners to purchase property, including buying properties in village areas. Banks too have extended faiz oranlari for foreign nationals looking to invest in Turkish property.
Another attraction that has led to the popularity of the real estate market in the country is the value for money. The market offers excellent properties at rates that offer much better returns than they did a few years ago.
About Yapi Kredi: Yapi Kredi is Turkey’s first privately owned bank and has a nationwide presence all over the country. They have been in the forefront of faiz oranları and mortgage loans.
To know more, visit, http://www.yapikredi.com.tr/tr-TR/hesaplama_araclari/FaizUcretler.aspx?islem=vadeli
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