SpareBank 1 Ringerike Hadeland cuts loan and deposit rates

SpareBank 1 Ringerike Hadeland has announced a reduction in interest rates for both loans and deposits by up to 0.25 percentage points. This decision follows Norges Bank's recent cut to the key policy rate. The new interest terms will take effect for new loans from September 22, 2025, while existing loans will see the changes applied from November 29, 2025.

Customers will be directly notified about their updated loan and deposit conditions through digital banking platforms, SMS, or postal mail. The company's chief executive, Bjorn Rune Rindal, and chief financial officer, Jorgen Ruud, are listed as contact persons for further inquiries.

This information is classified as disclosable under Section 5-12 of the Norwegian Securities Trading Act. The rate cut reflects the bank's response to broader monetary policy adjustments, aiming to align its offerings with the current economic environment.