Danske Bank Denmark has decided to raise its variable deposit and lending rates by up to 0.5 of a percentage point with effect from April 30, 2008. The adjustments do not apply to the Bank’s 24/7 and 24/7 Ung products, Danske Prioritet and Danske Prioritet Plus.
The reason for the adjustments is the increasing funding costs incurred by financial services providers, including the Danske Bank Group.
Danske Bank A/S
Tonny Thierry Andersen, Chief Financial Officer, tel. +45 45 14 07 07
Martin Gottlob, Head of Investor Relations, tel. +45 45 14 07 92
This is a translation of a company announcement in the Danish language. In case of discrepancies, the Danish version prevails.