DNB increases interest rates on home mortgages

“On the basis of Norges Bank's decision at the monetary policy meeting on 24 March to raise the key policy rate, DNB has decided to adjust the interest rate on home mortgages by up to 0.25 percentage points,” says Ingjerd Blekeli Spiten, head of Personal Banking in DNB.

In DNB, we want to help young people enter the housing market, and they will therefore be given our best floating interest rate of 1.99 per cent. We have also strengthened our advisory services targeted at this customer group.

All customers whose interest rates are adjusted will be given information in the internet bank or receive a letter by post, explaining how their home mortgage will be affected. The new interest rates will be valid from 4 April for new mortgages, and from 13 May for existing mortgages.  

For further information:

Rune Helland, Head of Investor Relations, tel.: (+47) 23 26 84 00 / (+47) 97 71 32 50

Vibeke Hansen Lewin, Executive Vice President Communications tel.: (+47) 99 01 33 49

This information is subject to the disclosure requirements according to Section 5-12 of the Norwegian Securities Trading Act.