SpareBank 1Østlandet raises its lending and deposit rates by up to 0,5 percentage points. "Given Norges Bank'srecent increase in its policy rate, we are raising our interest rates for lending and deposits by up to 0.5 percentage points," says Kari Elise Gisnås, Executive Vice President Retail Market in SpareBank 1Østlandet. Our best lending rate will be 2,89 per cent for first-time buyers. Our best deposit rate is offered to young people who are saving up for their own home and will be 4.20 per cent for BSU. " Norges Bankhas signalled that more policy rate hikes will follow. Interest rates are now rising more quickly than many had anticipated, so do not hesitate to contact us if you need advice concerning your financial situation", says Gisnås. o Lending rates for new housing mortgages will change from 24 August. o Rates for existing housing mortgages and deposits will change from 5 October. o Customers will be notified of the interest rate changes directly. For further information: Bjørn-Erik R. Orskaug, Head of Investor Relations, Tel.: +47 922 39 185 Kari Elise Gisnås, Executive Vice President Retail Market, Tel.: +47 908 59 478 Siv Stenseth, Executive Vice President Communications, Tel.: +47 958 46 991 This information must be disclosed pursuant to section 5-12 of the Securities Trading Act.
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