DNB increases interest rates on home mortgages and deposits

"On the basis of Norges Banks's decision at the monetary policy meeting on 21 September 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, and customers who are buying their first home will therefore be given our best floating interest rate of 5.24 per cent. The interest rate for deposits in the BSU home savings scheme for young people will be 6.35 per cent. We have also strengthened our advisory services targeting this customer group.

The new interest rates will apply from 26 November for existing loans and deposits.
All customers whose interest rates are to be adjusted will be given information in the online bank or receive a letter by post.

For further information:
Rune Helland, Head of Investor Relations, tel.: (+47) 23 26 84 00 / (+47) 97 71 32 50
Kari Vartdal Riise, Executive Vice President of Communications (acting), tel.: (+47) 97 51 67 07