DNB raises interest rates on home mortgages and deposits

11 May 2026 11:29 CEST

Following Norges Bank's decision to increase the key policy rate by 0.25
percentage point at the monetary policy meeting on 6 May 2026, DNB has decided
to increase the interest rate on home mortgages and deposits by up to 0.25
percentage point.

"We have recently seen just how quickly expectations and realities can change,
and we are now seeing how war and unrest in the world are affecting us here in
Norway. We know that many of our customers are seeking advice and information
during these uncertain times, and we will continue to provide sound advisory
services and guidance during a period that is likely to feel complex and
difficult to navigate for many," says Maria Ervik Løvold, Group Executive Vice
President of Personal Banking in DNB.

Customers who are buying their first home will continue to be offered the bank's
best floating mortgage rate of 4.99 per cent. The interest rate on deposits in
the BSU home savings scheme will also be adjusted in line with the change, to
6.35 per cent.

The new interest rates will apply from 12 July 2026 for existing loans and
deposits, and 12 May 2026 for new mortgages and deposits.

All DNB customers affected by the interest rate change will receive information
about their new interest rate in the online bank or as a letter by post.

For more information, please contact:
Rune Helland, Head of Investor Relations: (+47) 23 26 84 00 / (+47) 97 71 32 50
Liselotte Lunde, Head of Communications: (+47) 95 94 92 35

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

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