Suomen Hypoteekkiyhdistys

The Mortgage Society of Finland: Hypo Prime rate raised to 1.0 percent as of 15.4.2023

31.3.2023 15:00:01 EEST | Suomen Hypoteekkiyhdistys | Other information disclosed according to the rules of the Exchange

The Mortgage Society of Finland: Hypo Prime rate raised to 1.0 percent as of 15.4.2023
The Mortgage Society of Finland
Other information disclosed according to the rules of the exchange
March 31st 2023 Helsinki 3:00 p.m.

The Mortgage Society of Finland's bank subsidiary Suomen AsuntoHypoPankki Oy raises its Hypo Prime rate by 0.5 percentage points to 1.0 percent. The increase is based on the development of general market rates.

The rate change is effective as of 15 April 2023. 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

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

Contacts

Ari Pauna

CEO

Mikke Pietilä

acting CFO

About Suomen Hypoteekkiyhdistys

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

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