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Nordea (Finland) (HEL:NDA1V) Nordea will cut its Prime Rate by 0.6 percentage points to 2.9 per cent. The new Prime Rate will enter into force on 2 February 2009.
Nordea Prime Rate is primarily used as a reference rate for housing loans.
The decision is based on the development of the market rates.
For further information: Jussi Mekkonen, Household, Finland, +358 9 165 88128, +358 50 368 7029 Reijo Heiskanen, Economic Research, Finland, +358 9 165 59942, +358 50 568 6623
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