The Turkish Ministry of Treasury and Finance has published the average commercial loan interest rates for January, February, and March 2025 as part of the inflation adjustment process for financial statements on 22 April 2025. The rates are as follows:

  • January 2025: 62.12%
  • February 2025: 58.47%
  • March 2025: 59.43%

These rates, relevant for inflation adjustments under the Tax Procedure Law, were outlined in the latest circular.