DNB increases interest rates on home mortgages and deposits

“Based on Norges Bank's decision to raise the key policy rate by 0.25 percentage point at the monetary policy meeting on 14 December, DNB has decided to increase the interest rate on all savings accounts by 0.25 percentage point or more. The interest rate on mortgages will increase by up to 0.25 percentage point,” 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 after the increase in interest rate be given our best floating interest rate of 5.49 per cent. The interest rate for deposits in the BSU home savings scheme for young people will be 6.60 per cent. We have also strengthened our advisory services targeting customers with financial challenges. 

The new interest rates will apply from 20 February 2024 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 

Øystein Kløvstad Langberg, Head of Communications, tel: (+47) 98 04 88 25