27 February 2023
Adjustments in interest rates from March 1
We want to draw your attention to the adjustments in the interest rates on the PeerBerry platform from March 1. Please note the lowest (9%) and highest (12,5%) margins of the interest rates and adjust your Auto Invest strategies accordingly.
“Our partners slightly reduce the interest on loans of those companies that demonstrate good indicators, operate profitably, and have contributed significantly to the group’s guarantee mechanism covering Aventus Group’s war-affected obligations last year and will continue contributing to it in the future. Moreover, regulations changed in Poland at the beginning of this year. The change in the regulation will have an impact on the profitability of Polish lenders. Our partners in Poland are among the oldest and most successful companies on the Polish market, so regulation changes will not significantly impact the efficiency of our partners’ performance. However, we must comprehensively assess the changing environment and adjust the pricing accordingly to keep our business sustainable,” – explains Arūnas Lekavičius, CEO of PeerBerry.
“Together with our partners, this year, we will focus on operational efficiency, full repayment of war-affected obligations, and business diversification by country. This year, we have already offered our investors two new geographical directions to invest in loans – Spain and the Czech Republic. Our plan includes more countries this year,” – A. Lekavičius comments on the business plans.
Interest rates applicable from March 1, 2023:
Please note that adjusted interest rates are applicable for your new investments from March 1 and have no impact on your current investments.
If you have any questions or need our assistance, please get in touch with our Client Support.