SBAB lowers savings rate

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SBAB lowers savings rate
Photo: Janerik Henriksson/TT

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

On savings accounts with variable interest, the new savings rate will be 2.25 percent.

The change takes effect today, Friday.

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By TTEnglish edition by Sweden Herald, adapted for our readers

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