tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Sparebanken Øst Lowers Interest Rates Following Norges Bank Decision

Story Highlights
Sparebanken Øst Lowers Interest Rates Following Norges Bank Decision

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Sparebanken Ost ( (GB:0G45) ) has provided an announcement.

Sparebanken Øst is responding to Norges Bank’s recent decision to lower the key interest rate by reducing its own interest rates on loans and deposits by up to 0.25 percentage points. This adjustment will take effect on September 22 for new mortgages and November 18 for existing ones, reflecting the bank’s commitment to passing on the benefits of lower rates to its customers.

More about Sparebanken Ost

Average Trading Volume: 13,515

Current Market Cap: NOK1.5B

For an in-depth examination of 0G45 stock, go to TipRanks’ Overview page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1