SpareBank 1 Nord-Norge: Adjusted interest rates?

19 Jun 2025 15:55 CEST

SpareBank 1 Nord-Norge has decided to lower the interest rates on home mortgages
and deposits by up to 0.25 percentage points. This adjustment follows Norges
Bank’s decision to lower the key policy rate by 0.25 percentage points at its
rate-setting meeting on 19 June 2025. 

“It has long been anticipated that interest rate cuts were on the horizon — the
question was simply when. The fact that the first cut has come ahead of the
summer is a welcome surprise for all mortgage holders. At SpareBank 1
Nord-Norge, we are committed to offering competitive terms, which is why we are
reducing our rates for both new and existing customers,” says Bjørn Bardal,
Acting Executive Vice President for Retail Banking at SpareBank 1 Nord-Norge. 

The new terms will take effect for existing loans and deposits starting 27
August 2025. 

Contact persons in SpareBank 1 Nord-Norge: 
• Bjørn Bardal, Acting EVP Retail Banking, (+47) 959 70 163 
• Bengt Olsen, Chief Financial Officer, tel. (+47) 975 89 560 
• Morten Tønder Albertsen, Head of Communications, tel. (+47) 901 21 173 

Tromsø, 19 June 2025 

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

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