Advance Interest Rate Applied to Commercial Businesses was Determined as 44.25%

The Central Bank of the Republic of Turkey (CBRT) announced in the Official Gazette published on 08.03.2025 that

a. the discount interest rate to be applied to rediscount transactions to be made against bills with a maximum of 3 months to maturity will be 43.25 per cent per annum,

b. the interest rate to be applied in advance transactions will be 44,25 per cent per annum.

In this respect, the advance interest rate applied as 49.25% to commercial transactions in accordance with Article 2/2 of the Interest Law No. 3098 for the period between 01.04.2024 - 08.03.2025 has been reduced by 5 points.

Please click on the link below to see the current list published by the CBRT.

https://www.tcmb.gov.tr/wps/wcm/connect/TR/TCMB+TR/Main+Menu/Temel+Faaliyetler/Para+Politikasi/Reeskont+ve+Avans+Faiz+Oranlari