DNB Bank ASA

Capital/Financing Update • Sep 25, 2023

DNB increases interest rates on home mortgages and deposits

DNB increases interest rates on home mortgages and deposits

"On the basis of Norges Banks's decision at the monetary policy meeting on 21

September to raise the key policy rate by 0.25 percentage points, DNB has

decided to increase the interest rate on home mortgages and deposits by up to

0.25 percentage points," says Ingjerd Blekeli Spiten, head of Personal Banking

in DNB.

In DNB, we want to help young people enter the housing market, and customers who

are buying their first home will therefore be given our best floating interest

rate of 5.24 per cent. The interest rate for deposits in the BSU home savings

scheme for young people will be 6.35 per cent. We have also strengthened our

advisory services targeting this customer group.

The new interest rates will apply from 26 November for existing loans and

deposits.

All customers whose interest rates are to be adjusted will be given information

in the online bank or receive a letter by post.

For further information:

Rune Helland, Head of Investor Relations, tel.: (+47) 23 26 84 00 / (+47) 97 71

32 50

Kari Vartdal Riise, Executive Vice President of Communications (acting), tel.:

(+47) 97 51 67 07