SBAB lowers savings rate

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SBAB lowers savings rate
Photo: Fredrik Sandberg/TT

The state-owned bank SBAB is lowering the savings rate by 0.25 percentage points and is thus following the Swedish Central Bank's lowering of the interest rate last week.

Last week, the bank lowered the variable mortgage rate by the same amount, announced in a press release.

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By TTEnglish edition by Sweden Herald, adapted for our readers

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