Increased interest rates for Ukrainian hryvnia denominated deposits for private customers

ProCredit Bank has increased interest rates for private customers’ Ukrainian hryvnia-denominated deposits. The interest rate for six-month Ukrainian hryvnia-denominated deposits now stands at 17.5% p.a. Interest for accumulative flexible term deposits denominated in Ukrainian hryvnia has also been increased to 17.5% p.a.

‘Keeping money safe is everybody’s concern irrespective of the economic and political situation. We want to feel confident about the future and financial self-sufficiency of our currency. Financial well-being is only possible if we take a serious, diligent approach to finance and have support from a reliable financial partner. For more than ten years now, we have been demonstrating sustainable operations and have been fulfilling our commitments to our customers. We enjoy support from our shareholders, who are internationally renowned financial organisations. We are part of the international ProCredit group supervised by BaFin (Germany’s Federal Financial Supervisory Authority). ProCredit Bank is a German bank for your savings,’ says Aleksey Tsymbaluk, the bank’s Executive Director.

ProCredit Bank’s three-month hryvnia-denominated deposit term is our most innovative and most sought-after service. Every renewal of such a deposit leads to an increase in the interest rate up to a maximum of 20% p.a. The key advantage of deposits at ProCredit Bank is that the bank guarantees a fixed interest rate over the entire term of the deposit. This guarantees stable income no matter what surprises life presents.