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Sparebanken Ost ( (GB:0G45) ) has provided an update.
Sparebanken Øst is responding to Norges Bank’s decision to lower the key interest rate by reducing its loan and deposit rates by up to 0.25 percentage points. This move, effective from June 23 for new home loans and August 25 for existing ones, is expected to benefit customers by providing them with a long-awaited rate cut, aligning with the central bank’s signals.
More about Sparebanken Ost
Average Trading Volume: 23,281
Current Market Cap: NOK1.53B
Learn more about 0G45 stock on TipRanks’ Stock Analysis page.