Comparing Bank Interest Rates: Danish Bank Offers Lowest Average

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Comparing Bank Interest Rates: Danish Bank Offers Lowest Average
Photo: Fredrik Sandberg/TT

Danish bank has continued to have the lowest average interest rate when it comes to a binding period of 3 months. The variable interest rate was in September at 2.58 percent.

The figure can be compared with Hypoteket which in turn had an average interest rate of 2.88 percent, highest among over ten different players on the market.

Next lowest average interest rate had Skandiabanken while SEB was lowest of the four major banks with 2.68 percent.

Average interest rate is the interest rate that customers have negotiated with the banks. List interest rate is the mortgage interest rate that the banks advertise with and which traditionally lies high above the average interest rate.

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By TTEnglish edition by Sweden Herald, adapted for our readers

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