Sparebanken Møre adjusts interest rates

26 Sep 2023 10:33 CEST

Sparebanken Møre increases lending and deposit rates by up to 0.25 percentage
points.
The reason for the adjustment is the increase of the key policy rate from Norges
Bank of 0.25 percentage points.
For retail customers the new interest rate will be effective on 27.11.2023 for
existing loans and deposits.
Customers will be notified on the impact of the interest rate change by online
bank/mobile bank or by regular post.
- We acknowledge that many people are concerned about their private economy, and
contact the bank to get advice. We experience that customers taking action early
avoid that challenges are growing larger than necessary, and hence we have
strengthened our advisory team. Our advisors are in dialogue with customers
about financial challenges every day, and we want the threshold for contacting
us to be low, says Elisabeth Blomvik EVP Retail Banking Division.
Contacts:
• Elisabeth Blomvik, EVP Retail Banking Division
Mobile +47 415 54 195, e-mail elisabeth.blomvik@sbm.no

• John Arne Winsnes, CFO
Mobile +47 462 80 999, e-mail jaw@sbm.no

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

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