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Sparebank 1 SR Bank ASA ( (GB:0Q57) ) has provided an announcement.
SpareBank 1 Sør-Norge, responding to Norges Bank’s decision to lower the key policy rate, is reducing interest rates on mortgages and deposits by up to 0.25 percentage points. This move aligns with the central bank’s efforts to manage inflation without overly slowing the economy, and the new rates will take effect for new mortgages on June 20 and for existing mortgages on August 24.
More about Sparebank 1 SR Bank ASA
Average Trading Volume: 343,582
Current Market Cap: NOK68.7B
Find detailed analytics on 0Q57 stock on TipRanks’ Stock Analysis page.