Changes in deposit interest bulletins as of 03.05.16
Dear clients,
We would like to inform you that by decision of the Management Board of ProCredit Bank (Bulgaria) EAD, the following changes shall become effective as of 3 May 2016:
- ProVlog term deposit accounts for private clients in all maturities and currencies will be discontinued as of 3 May 2016. Existing term deposits i will be converted into Standard Term deposit in the respective maturity;
- The interest bulletin on deposit and savings accounts for private clients and legal entities shall be amended as follows:
Standard Term Deposit – Private Clients
Currency |
Min. balance | 6- months | 12 -months |
| BGN | 2 500 | 0,10% | 0,20% |
| EUR | 2 500 | 0,10% | 0,20% |
| USD | 2 500 | 0,05% | 0,10% |
Saving Account - Private Clients
| Currency | Min. balance | Interest rate |
| BGN | 250 | 0,10% |
| EUR | 250 | 0,05% |
Standard Term Deposit - Legal Entities
| Currency | Min. balance | 6 -months | 12- months |
| BGN | 5 000 | 0,05% | 0,15% |
| EUR | 5 000 | 0,05% | 0,15% |
| USD | 5 000 | 0,01% | 0,05% |
The new interest rates shall become effective as of 3 May 2016 for all newly-opened deposit and saving accounts. With respect to the existing accounts, the amendment will become effective as of the first successive date of maturity or interest payment after 3 May 2016.
Sincerely,
ProCredit Bank Bulgaria