SpareBank 1 SR-Bank increases the interest rate on loans
(Thomson Reuters ONE) -
Regulatory authorities have clearly signalled stricter capital requirements for
Norwegian banks. At the same time the authorities have signalled significantly
increased risk weighting of retail mortgages, which will affect both existing
and new mortgages issued by Norwegian banks.
On this basis, SpareBank 1 SR-Bank has decided to increase its lending rates
both to private clients, corporate clients and agricultural customers.
For retail mortgage customers floating rate loans will increase up to 0.30%. The
new prices will apply for new mortgages from 12 March and for existing mortgages
from the beginning of May.
Stavanger, 11 March 2013
Contact:
Thor-Christian Haugland, EVP Communications, tel. +47 480 31 633
Vidar Torsøe, VP Investor Relations, tel. +47 970 80 656
This information is subject of the disclosure requirements acc. to §5-12 vphl
(Norwegian Securities Trading Act)
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: SpareBank 1 SR-Bank ASA via Thomson Reuters ONE
[HUG#1684202]
Unternehmensinformation / Kurzprofil:
Datum: 11.03.2013 - 08:44 Uhr
Sprache: Deutsch
News-ID 237864
Anzahl Zeichen: 1584
contact information:
Town:
Stavanger
Kategorie:
Business News
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"SpareBank 1 SR-Bank increases the interest rate on loans"
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