Nordea Prime Rate to be lowered in Finland

17.07.12 15:26 | Lehdistötiedotteet

Nordea will cut its Prime Rate by 0.10 percentage points to 1.70 per cent. The new Prime Rate will enter into force on 1 August 2012.

Nordea Prime Rate is used as a reference rate for deposits and housing loans.

The decision is based on the performance of the market rates. The previous time the Prime Rate was lowered was on 1 November 2009.

For further information:
Riikka Laine-Tolonen, Segment Household and Group Marketing, +358 9 165 46638, +358 50 343 0585
Roger Wessman, Economic Research, +358 9 165 59930, +358 40 706 0002