Turkish central bank decreases credit card interest rates
Turkish Central Bank announced on Friday that it had decreased the monthly maximum contractual interest rate for the credit card borrowings to 2.15 percent for the Turkish lira.
The bank revised the monthly maximum contractual interest rate for the credit card borrowings as 1.72 percent for foreign exchange transactions. It also set the monthly maximum overdue interest rate as 2.65 percent for the Turkish lira and 2.22 percent for foreign exchange transactions
More:Turkish central bank decreases credit card interest rates | Ahval
