Profit Distribution Calculation

The method of calculating profit distribution for 2021 is to take into account the lowest average monthly savings balance throughout 2021 and multiply by a fixed rate of 3.10% for 2021. The detailed calculation is as follows:

Lowest Average Monthly Savings Balance x 3.10% = (Lowest monthly savings balance from January – December 2021 / No. of Months) x 3.10%)