DNB cuts mortgage, deposit rates by up to 0.25 percentage point

DNB Bank ASA has decided to cut interest rates on mortgages and deposits by up to 0.25 percentage point, effective September 19, 2025, for new agreements and November 18, 2025, for existing ones. This move follows Norges Bank's decision on September 18, 2025, to lower the key policy rate by 0.25 percentage point.

Maria Ervik Lovold, group executive vice president of the personal customer market at DNB, expressed satisfaction, noting the positive economic climate in Norway, characterized by increased purchasing power and optimistic income expectations. Young people and first-time home buyers will particularly benefit, receiving a floating mortgage rate of 4.99 per cent.

Customers affected by these changes will receive individual notifications through DNB's online banking platform or via postal mail.