Nordea Prime Rate
| Rate | % |
|---|---|
| Nordea Prime | 1,80% |
- the value of the rate is influenced by the present level of short-term and long-term market interest rates, as well as interest expectations, inflation outlook and the general prospects for economic development
- Nordea Prime Rate follows the market interest rates at a smooth pace, but the interest development it offers is more stable
- changes in the rate are published on the interest pages of newspapers at least 14 days before the change becomes effective. Nordea informs its customers of the change also on their account statements
- Nordea Prime Rate is intended mostly as a reference rate for private customers' long-term loans (for example housing loans) and as a reference rate for long-term deposits
- the level of the rate is decided by the bank's Board of Management
-
The changes in the Nordea Prime Rate since 1 June 1995 here.
