Danske Bank adjusts interest ratesDanske Bank adjusts interest rates

October 13, 2008

Press release 

Owing to generally increasing funding costs, including Danmarks Nationalbank’s interest rate increases, most recently by 0.4 of a percentage point, Danske Bank raises its deposit and lending rates by up to 0.75 of a percentage point.

Danske Bank raises its lending rates for the products 24/7 and 24/7 Ung by 0.50 of a percentage point. Danske Prioritet and Danske Prioritet Plus are not affected by the increase as their rates are linked to the certificate of deposit rate.
The adjustments will take effect on October 17, 2008.