Calculation method

ProCredit Bank provides transparent fees for the banking services it offers. Unless otherwise specified, the interest rate shall be calculated based on simple interest by using the formula of actual/actual days. The Bank calculates the effective interest rate on deposits and loans based on CBK Regulation on Effective Interest Rates and Disclo­sure Requirements, and it is disclosed in the contract signed between the Bank and the Client. Please contact the Bank for further details!!

Calculation method

ProCredit Bank provides transparent fees for the banking services it offers. Unless otherwise specified, the interest rate shall be calculated based on simple interest by using the formula of actual/actual days. The Bank calculates the effective interest rate on deposits and loans based on CBK Regulation on Effective Interest Rates and Disclo­sure Requirements, and it is disclosed in the contract signed between the Bank and the Client. Please contact the Bank for further details!!