DNB raises interest rates on home mortgages

07 Nov 2022 12:17 CET

Issuer

DNB BANK ASA

"Following Norges Bank's decision to increase the key policy rate by 0.25
percentage points at the monetary policy meeting on 3 November, DNB?has decided
to increase the interest rate on home mortgages and deposits by up to 0.25
percentage points," says Ingjerd Blekeli Spiten, Group EVP for the personal
customer market in DNB.

DNB wants to help young people enter the housing market, and the bank offers
young people who buy their first home our best floating rate of 3.64 per cent.
Furthermore, we have strengthened our advisory services targeted at this
customer group.

All customers whose interest rates are adjusted will be given information in the
online bank or receive a letter by regular mail, explaining how this affects
them.?The new interest rates will apply to new mortgages and deposits from 8
November, and to existing home mortgages and deposits from 19 December.

For more information, please contact:

Rune Helland, head of Investor Relations: (+47) 23 26 84 00 / (+47) 97 71 32 50

Line Schartum Ringheim, Communications advisor: (+47) 92 44 93 83

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


Source

DNB Bank ASA

Provider

Oslo Børs Newspoint

Company Name

ADJ Sparebank Kreditt 85/25 CALL, ADJ Sparebank Kreditt 86/26, DNB BANK ASA, DNB Bank ASA 18/28 FRN C SUB, DNB Bank ASA 18/28 FRN SEK C SUB, DNB Bank ASA 18/28 ADJ SEK C SUB, DNB Bank ASA 18/23 2,50%, DNB Bank ASA 19/23 FRN, DNB Bank ASA 19/23 2,20%, DNB Bank ASA 19/PERP FRN C HYBRID, DNB Bank ASA 20/30 FRN C SUB, DNB Bank ASA 21/29 ADJ C, DNB Bank ASA 21/29 FRN C, DNB Bank ASA 21/32 FRN C SUB, DNB Bank ASA 21/32 ADJ C SUB, DNB Bank ASA 22/32 FRN C SUB, DNB Bank ASA 22/PERP FRN C HYBRID, DNB Bank ASA 22/PERP ADJ C HYBRID

ISIN

NO0001595557, NO0001595599, NO0010161896, NO0010818446, NO0010818453, NO0010818479, NO0010836471, NO0010849490, NO0010849508, NO0010858749, NO0010868656, NO0010883341, NO0011038309, NO0011038317, NO0011151672, NO0011151680, NO0011203374, NO0012618984, NO0012618992

Symbol

DNB

Market

Oslo Børs