DNB Bank ASA

Interest Rate Update/Notice • Sep 18, 2025

DNB cuts mortgage interest rates

DNB cuts mortgage interest rates

Based on the decision of the Norwegian central bank, Norges Bank, at its

monetary policy meeting on 18 September 2025, to lower the key policy rate by

0.25 percentage point, DNB has decided to cut the interest rate on mortgages and

deposits by up to 0.25 percentage point.

"There was a high level of suspense surrounding today's decision regarding the

key policy rate. I am pleased to say that we are able to follow up by announcing

that we will be cutting the interest rates on our customers' mortgages. We are

seeing a high level of activity among our customers. Not least, many people are

asking for sound advice. The Norwegian economy is characterised by optimism at

present, more people are experiencing increased purchasing power, and the

expectations of an increase in incomes in the time ahead are holding up. We are

seeing this as well, and expect activity to maintain a good pace throughout the

autumn" says Maria Ervik Løvold, Group Executive Vice President of the personal

customer market at DNB.

Young people and customers buying their first home are given a floating mortgage

rate of 4.99 per cent.

DNB customers whose interest rates will change will receive information about

their new interest rate in the online bank or as a letter by post.

The new interest rates will apply from 19 September 2025 for new mortgages and

deposits, and from 18 November 2025 for existing mortgages and deposits.

For further information:

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

32 50

Liselotte Lunde, Head of Communications, tel.: (+47) 95 94 92 35

This information is subject to the disclosure requirements under the Market

Abuse Regulation and Section 5-12 of the Norwegian Securities Trading Act.