Sparebanken Vest ( (SPIZF) ) has issued an update.
Bulder, a part of Sparebanken Vest, has lowered its lending rate by up to 0.08 percentage points, setting its new lowest effective rate at 5.43%, despite Norges Bank maintaining its policy rate. This proactive move by Bulder, marking the second rate reduction in six months, positions the company as a forward-thinking player in the Norwegian mortgage market, potentially benefiting borrowers amid a period of stagnant policy rates.
More about Sparebanken Vest
YTD Price Performance: 14.11%
Technical Sentiment Signal: Strong Sell
Current Market Cap: $1.55B
Learn more about SPIZF stock on TipRanks’ Stock Analysis page.