DNB increases interest rates on home mortgages and deposits

21 Aug 2023 11:39 CEST

"On the basis of Norges Banks's decision at the monetary policy meeting on 17
August 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, and customers who
are buying their first home will therefore be given our best floating interest
rate of 5.04 per cent. The interest rate for deposits in the BSU home savings
scheme for young people will be 6.10 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 recieve a letter by post, explaining how this will affect them.
The new interest rates will apply from 22 August for new mortgages and deposits,
and from 22 October for existing mortgages and deposits.

For further information:

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

Kari Vartdal Riise, Executive Vice President of Communications (acting), tel.:
(+47) 97 51 67 07


Source

DNB Bank ASA

Provider

Oslo Børs Newspoint

Company Name

ADJ Sparebank Kreditt 85/25 CALL, ADJ Sparebank Kreditt 86/26, DNB Bank ASA 18/23 2,50%, DNB Bank ASA 19/PERP FRN C HYBRID, DNB Bank ASA 19/23 FRN, DNB Bank ASA 20/30 FRN C SUB, DNB BANK ASA, 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, NO0010836471, NO0010858749, NO0010868656, NO0010883341, NO0010161896, NO0011038309, NO0011038317, NO0011151672, NO0011151680, NO0011203374, NO0012618984, NO0012618992, NO0012740119, NO0012740101, NO0012811829, NO0012850629, NO0012850611, NO0012850603, NO0012850637

Symbol

DNB

Market

Euronext Oslo Børs