DNB increases interest rates on home mortgages and deposits

“On the basis of Norges Bank's decision at the monetary policy meeting on 23 March to raise the key policy rate by 0.25 percentage points, DNB has decided to increase the interest rate on home mortgages and deposits 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, therefore customers who are buying their first home will be given our best floating interest rate of 4.14 per cent. We have also strengthened our advisory services targeting this customer group.

All customers whose interest rates are adjusted will be given information in the online bank or receive a letter by post, explaining how their home mortgage will be affected. The new interest rates will apply from 31 March for new mortgages and from 28 March for new deposits, and from 11 May for existing mortgages and deposits. 

For further information:
Rune Helland, head of Investor Relations: (+47) 23 26 84 00 / (+47) 97 71 32 50
Vibeke Hansen Lewin, Executive Vice President Communications: (+47) 99 01 33 49

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