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Regulatory press release

SpareBank 1 SR-Bank changes interest rates on mortgages and deposits

SpareBank 1 Sør-Norge
Read the release

On Thursday 4 May the Norwegian central bank raised the policy rate to 3.25 percent. The central bank increased the rate to contribute to low and stable inflation going forward.

As a result of the increase in the policy rate, SpareBank 1 SR-Bank is raising the interest rates on mortgages and deposits by up to 0.25 percentage points.

The new terms will be effective from 9 May for new loans and from 20 June for existing loans. All mortgage customers will receive information in their online bank or via mail on how the rate change will affect them.

Stavanger, 8 May 2023.

Contact people

Roger Lund Antonesen, Executive Vice President, Retail Market, Tel. +47 976 61 221
Øyvind Knoph Askeland, Communications Director, Tel. +47 922 32 639

This information is disclosed in compliance with section 5-12 of the Norwegian Securities Trading Act. 

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