In response to Norges Bank's decision on 24 September to increase its key policy
rate by 0.25 percentage points, to 4,50 per cent, SpareBank 1 SMN has decided to
raise its interest rates on loans and deposits by up to 0.25 percentage points.
"Many of our customers have already adapted to higher interest rates. At the
same time, the economic situation remains uncertain, and we have to be ready for
this to continue. We encourage customers who are concerned about their personal
finances, or who are experiencing financial difficulties, to contact us," says
Monica Haftorn Iversen, Executive Director - Retail Banking at SpareBank 1 SMN.
Customers affected by the rate adjustment will shortly receive information on
what it means for their loans and deposits via their online banking solution and
mobile banking app. The changes will take effect for both new and existing
customers as of 30 November. Interest rates may be adjusted by differing amounts
for different customer groups.
Trondheim, 28 September 2026.
Contacts for media enquiries:
Executive Director Retail Banking Monica Haftorn Iversen, tel. +47 992 27 539
Executive Director Rolf Jarle Brøske, tel. +47 911 12 475
Contact for investor and analyst enquiries:
Executive Director Finance and Strategy Trond Søraas, tel. +47 922 36 803
This information is disclosable pursuant to section 5-12 of the Norwegian
Securities Trading Act.
f the Norwegian\
Securities Trading Act.\