OP-prime down to 0.35 per cent

OP-prime down to 0.35 per cent

ID: 512569

(Thomson Reuters ONE) -


OP Financial Group will cut its OP-prime rate from 0.45% to 0.35%, effective as
of 27 December 2016. The rate reduction is based on lower market interest rates.

The OP-prime rate is a reference interest rate which is used to regulate OP
Financial Group's borrowing and lending rates. The OP-prime rate was last
changed in February 2016.

FOR MORE INFORMATION, PLEASE CONTACT:
Reijo Heiskanen, Chief Economist, tel. 010 252 8354

OP Financial Group is Finland's largest financial services group whose mission
is to create sustainable prosperity, security and wellbeing for its owner-
customers and in its operating region by means of its strong capital base and
efficiency. OP Financial Group consists of about 180 member cooperative banks,
its central cooperative OP Cooperative, and the latter's subsidiaries and
affiliates. The Group has a staff of 12,000 and 1.7 million owner-customers and
4.3 million customers. www.op.fi




This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: OP Yrityspankki Oyj via GlobeNewswire






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Bereitgestellt von Benutzer: hugin
Datum: 13.12.2016 - 12:15 Uhr
Sprache: Deutsch
News-ID 512569
Anzahl Zeichen: 1453

contact information:
Town:

Helsinki



Kategorie:

Business News



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