Following the cut in Norges Bank's policy rate by 0.25 percentage points on 19
June 2025, SpareBank 1 Østlandet has decided to reduce its interest rates on
mortgage loans by up to 0.25 percentage points.
"Many have been waiting for Norges Bank to start lowering rates, and today's cut
is a welcome surprise for those with mortgages. As a result of the rate cut from
Norges Bank, we are also lowering our rates», says Kari Elise Gisnås, Executive
Vice President for the Retail Market at SpareBank 1 Østlandet.
The new interest rate terms will apply from 23 June for new loans, and from 28
August for existing loans. Deposit rates will also be adjusted downwards, mainly
by 0.25 percentage points.
Customers will be notified directly of the interest rate change via digital
bank, SMS, or by post.
Contact information:
Kari Elise Gisnås, Executive Vice President Retail Market, tel: +47 908 59 478
Bjørnar Mickelson, Head of Communication, tel.: 450 25 376
Bjørn-Erik R. Orskaug, Head of Investor Relations, tel.: +47 922 39 185
This information is subject to disclosure requirements pursuant to section 5-12
of the Norwegian Securities Trading Act.