SpareBank 1 SR-Bank ASA (SRBANK); Adjusts interest rates on loans and deposit accounts

SpareBank 1 SR-Bank has today decided to increase interest rates on home mortgages by up to 0.25 percentage points. Lowest indicative interest rate for home mortgages are now 2.89 percent for first home mortgages.

New interest rates will become effective from Monday 23 September. For existing customers the interest rate adjustments will become effective as of 4 November.

SpareBank 1 SR-Bank has also decided to increase rates on deposit accounts by up to 0.25 percentage points as of 4 November.

Stavanger, 20 September 2019

Contact people:
Jan Friestad, head of personal banking, Tel. +47 913 45 504
Stian Helgøy, Vice President Investor Relations, Tel. +47 906 52 173
Thor-Christian Haugland, Executive Vice President Communications, Tel. +47 480 31 633

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

About Us

SpareBank 1 SR-Bank is Norway’s second largest savings bank and operates in the Rogaland, Agder and Hordaland markets. We provide financial products and services, including loans and deposits, mutual funds and asset management, insurance and pension savings, payment and financing services, real estate brokerage and services related to the money and capital market. The head office is in Stavanger.