Growing Interest! – the New Deposit Account from ProCredit Bank

ProCredit Bank offers its customers a new and interesting solution for their savings. A new deposit account, Growing Interest!, combines high yield with flexible terms.

Growing Interest! is a short-term deposit account for which the interest rate increases by 2 points every 3 months if the deposit is re-invested. Another advantage of the new deposit account is the facility to withdraw funds – without loss of interest – every three months.

This product is designed for customers who want the flexibility to manage their savings and still earn a high rate of interest. We give our customers the opportunity to make best use of their assets in a changing environment throughout the year. “Our new deposit account gives the investor a choice: either to roll over and benefit from a higher interest rate, or to withdraw the funds in the account without losing any interest," - says Aleksei Tsymbalyuk, CEO.

Interest in paid quarterly to a Visa payment card account – providing a convenient way to access funds. The sms-service, which gives information on the amount of accrued interest and the date of payment, will enable remote monitoring of the status of the account.