DNB increases interest rates on home mortgages and deposits

27 Mar 2023 11:30 CEST

Issuer

DNB BANK ASA

"On the basis of Norges Bank's decision at the monetary policy meeting on 23
March to raise the key policy rate by 0.25 percentage points, DNB has decided to
increase the interest rate on home mortgages and deposits by up to 0.25
percentage points," says Ingjerd Blekeli Spiten, head of Personal Banking in
DNB.

In DNB, we want to help young people enter the housing market, therefore
customers who are buying their first home will be given our best floating
interest rate of 4.14 per cent. We have also strengthened our advisory services
targeting this customer group.

All customers whose interest rates are adjusted will be given information in the
online bank or receive a letter by post, explaining how their home mortgage will
be affected. The new interest rates will apply from 31 March for new mortgages
and from 28 March for new deposits, and from 11 May for existing mortgages and
deposits.

For further information:
Rune Helland, head of Investor Relations: (+47) 23 26 84 00 / (+47) 97 71 32 50
Vibeke Hansen Lewin, Executive Vice President Communications: (+47) 99 01 33 49

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 18/23 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, DNB Bank ASA 23/PERP FRN C HYBRID, DNB Bank ASA 23/33 FRN SEK C SUB, DNB Bank ASA 23/33 ADJ C SUB, DNB Bank ASA 23/33 FRN C SUB, DNB Bank ASA 23/33 ADJ SEK C SUB

ISIN

NO0001595557, NO0001595599, NO0010161896, NO0010836471, NO0010849490, NO0010849508, NO0010858749, NO0010868656, NO0010883341, NO0011038309, NO0011038317, NO0011151672, NO0011151680, NO0011203374, NO0012618984, NO0012618992, NO0012740119, NO0012740101, NO0012811829, NO0012850629, NO0012850611, NO0012850603, NO0012850637

Symbol

DNB

Market

Oslo Børs