Suomen AsuntoHypoPankki Oy: Hypo lowers its Prime rate to 0.10 percent as of 1.10.2019


Suomen AsuntoHypoPankki Oy: Hypo lowers its Prime rate to 0.10 percent as of 1.10.2019


Suomen AsuntoHypoPankki Oy

Stock Exchange Release 

Other information disclosed according to the rules of the Exchange 

September 16 2019 Helsinki 3:30 p.m. 


The Mortgage Society of Finland’s bank subsidiary Suomen AsuntoHypoPankki Oy lowers its Prime rate by 0.10 percentage points to 0.10 percent. The decrease is based on the development of general market rates.

The rate change is effective as of 1 October 2019. In practice, only Group’s deposit clients whose deposits have Hypo Prime as the reference rate will be affected. 


The Mortgage Society of Finland & Suomen AsuntoHypoPankki Oy


Additional information:
CEO Ari Pauna, tel. +358 50 353 4690
Chief Economist Juhana Brotherus, tel +358 50 384 9479


Distribution:
Nasdaq Helsinki Ltd
Main media
www.hypo.fi


The Mortgage Society of Finland Group is the only nationwide expert organization specialized in home financing and housing in Finland. Hypo Group grants mortgages as well as renovation loans and consumer loans, both secured by residential property collateral, for first-time and other homebuyers. Hypo Group continuously develops new ways and models for housing and home financing.

Read more: www.hypo.fi