SpareBank 1 SR-Bank ASA (SRBANK); Lowering interest rates on loans and deposit accounts
SpareBank 1 SR-Bank has today decided to lower interest rates on home mortgages by up to 0.50 percentage points. Lowest indicative interest rate for home mortgages are now 2,04 percent for first home mortgages.
New interest rates will become effective from 25 March 2020. For existing customers the interest rate adjustments will become effective as of 15 April 2020.
SpareBank 1 SR-Bank has also decided to lower rates on deposit accounts by up to 0.50 percentage points as of 25 May 2020.
Stavanger, 23 March 2020
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.