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2020-10-29

The Mortgage Society of Finland: Hypo Prime rate lowered to 0.05 percent as of 16.11.2020

The Mortgage Society of Finland: Hypo Prime rate lowered to 0.05 percent as of 16.11.2020
The Mortgage Society of Finland 
Other information disclosed according to the rules of the exchange 
October 29 2020 Helsinki 3:30 p.m. 

The Mortgage Society of Finland's bank subsidiary Suomen AsuntoHypoPankki Oy lowers its Hypo Prime rate by 0.05 percentage points to 0.05 percent. The decrease is based on the development of general market rates. 

The rate change is effective as of 16 November 2020. 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

  • Mr. Ari Pauna, CEO, +358 50 353 4690
  • Mr. Petteri Bollmann, Chief Treasury and Funding Officer, +358 50 5504 355

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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