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Sbanken lowers the mortgage interest rate

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Sbanken lowers the mortgage interest rate. Photo: Marit Hommedal / NTB

Of NTB | 22.04.2024 10:40:27

Economy and business: The lowest effective interest rate at Sbanken will now be 5.45 per cent, while the effective interest rate on framework loans is cut to 5.65 per cent. This applies to customers with a loan-to-value ratio of 60 per cent, Sbanken states in a press release.

The deposit interest rates do not change.

Sbanken has received criticism after DNB bought the bank, partly because the online bank was closed down.

– The changes we have made recently have led to some turbulence for us and the customers. At the same time, we have equipped ourselves for the future and gained new muscles. It should benefit the customers, says Sbanken CEO Øyvind Thomassen.

(© NTB)

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