The Mortgage Society of Finland: Hypo Prime rate raised to 1.25 percent as of 19 May 2023
The Mortgage Society of Finland: Hypo Prime rate raised to 1.25 percent as of 19 May 2023
The Mortgage Society of Finland
Other information disclosed according to the rules of the exchange
Helsinki, 4 May 2023 4:00 p.m.
The Mortgage Society of Finland's bank subsidiary Suomen AsuntoHypoPankki Oy raises its Hypo Prime rate by 0.25 percentage points to 1.25 percent. The increase is based on the development of general market rates.
The rate change is effective as of 19 May 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
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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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