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

George Town, Cayman, 2 November 2022
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 announced on November 2, 2022, PROVEN Bank will adjust its Prime Rate for US and CI dollar variable rate loans from 6.25% to 7.0% with effect from 4 November 2022.

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