Nordea (HEX:NDA1V) 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.
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Nordea Pankki Suomi Oyj
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