Sparebanken Møre

Interest Rate Update/Notice • Jun 26, 2023

Sparebanken Møre adjusts interest rates

Sparebanken Møre adjusts interest rates

Sparebanken Møre increases lending and deposit rates by up to 0.5 percentage points.

The reason for the adjustment is the increased money market rate and the adjustment of the key policy rate from Norges Bank.

For retail customers the new interest rate will be effective on 08 August 2023 for existing loans and deposits.

Customers will be notified on the impact of the interest rate change by online bank/mobile bank or by regular post.

- We are present for our customers, also in challenging times. For customers experiencing financial uncertainty, we recommend contacting an advisor and make a plan for the coming periods. Our advisors are qualified and experienced in finding solutions for our customers, says Elisabeth Blomvik, EVP Retail Banking Division.

Contacts:

Elisabeth Blomvik, EVP Retail Banking Division

Mobile +47 415 54 195, e-mail elisabeth.blomvik@sbm.no

John Arne Winsnes, CFO

Mobile +47 462 80 999, e-mail jaw@sbm.no

This information is subject to the disclosure requirements according to Section 5-12 of the Norwegian Securities Trading Act.