Melhusbanken cuts loan and deposit rates after Norges Bank move

Melhusbanken has announced a reduction in interest rates on both loans and deposits, effective in response to Norges Bank's decision to cut its key policy rate by 0.25 percentage points on September 18, 2025. The bank will lower mortgage rates by up to 0.25 percentage points, with a corresponding reduction applied to deposit rates. This move aims to benefit customers by lowering costs for households and businesses, thereby strengthening economic activity in the region, according to managing director Torland.

New interest rates will be implemented for new mortgage loans from September 22, 2025. For existing loans and all deposit accounts, the revised rates will take effect from November 26, 2025. Customers affected by these changes will receive notification via their online banking platform or by postal mail.