«We are lowering the interest rate on home mortgages by up to 0.35 percentage
points for new and existing customers. There is now a great deal of uncertainty
in the market. This means that the banks are still paying a higher price for
their loans in the market than they did a few days ago, in spite of the interest
rate cut from the central bank," says Ingjerd Blekeli Spiten, head of Personal
Banking in DNB.
"Our main concern is to offer competitive prices and provide customers across
the country with sound advice. We have also today made it easier for customers
in a demanding situation to be granted an interest-only period, for example if
they are temporarily laid off," she adds.
Green home mortgages will have our best indicative interest rate of 2.54 per
cent.
For existing customers, the change will take effect from 1 May 2020. Our new
prices will apply from Tuesday 17 March. All customers whose interest rates will
change, will be informed in the Internet bank or by mail about how this affects
their loan.
For further information, please contact:
Even Westerveld, EVP Corporate Communications, tel. ( 47) 400 16 744
Rune Helland, head of Investor Relations, tel. ( 47) 977 13 250
This information is subject to the disclosure requirements according to Section
5-12 of the Norwegian Securities Trading Act.