PROVEN Bank (Cayman) Limited Adjusts Rate In Response To US Fed Funds Rate Increase

George Town, Cayman, 24 March 2023

PROVEN Bank (Cayman) Limited wishes to advise their customers and the general public, that in keeping with the increase in the US Federal Funds Rate, PROVEN Bank will adjust its Prime Rate for US and CI dollar variable rate loans from 7.75% to 8% with effect from 24 March, 2023.

For further information regarding rates and payment terms, please contact us at (345) 949-7822.