KLP protects young customers with pension savings from mortgage rate increase

The mortgage interest rate remains unaffected for young members with pension savings at KLP after Norges Bank increases the interest rate. 
Jorunn Ygre Storjohann | Photo: KLP / PR
Jorunn Ygre Storjohann | Photo: KLP / PR
by sebastian holsen, translated by katrine gøthler

Norway’s KLP Banken is increasing its interest rate on loans by up to 0.25% after Norges Bank did the same. But KLP is protecting customers under the age of 35 who have pension savings at KLP by leaving them unaffected by the rate increase on mortgages, writes KLP in a press release. 

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