{
  "id": 14503292,
  "title": "Bankenes rentegrep: Kan tjene ekstra milliarder",
  "url": "https://urgent.news/2026/10/14/bankenes-rentegrep-kan-tjene-ekstra-milliarder",
  "topic": "business",
  "section": "Business",
  "published": "2026-10-14T17:37:38.000Z",
  "source": {
    "name": "E24 Norway",
    "slug": "e24-norway",
    "url": "https://e24.no/privatoekonomi/i/d7GLJq/bankenes-rentegrep-kan-tjene-ekstra-milliarder"
  },
  "original_language": "en",
  "account": "Bankene have increased their interest rates on deposits far less than on mortgages, potentially earning Norwegian banks an extra billion kroner annually, according to a calculation based on Statistics Norway's data. This is due to the interest margin, which is the difference between the interest rates on loans and deposits that banks make. The impact of the central bank's rate hike in May is evident, but the September hike may take effect in several months as the changes are implemented. However, in some cases, deposit rates are not set as high as mortgage rates, as shown by recent tests conducted by E24. The strategy followed by banks after the May rate hike seems to have remained similar, Noss explains. Had banks increased deposit rates as much as they increased mortgage rates, there would have been no effect. By leaving deposit rates unchanged, banks earn more. Renteradar has compared deposit rate changes in the 21 largest banks since the last rate hike in late 2023, based on recorded changes in Finansportalen. The difference in how banks have adjusted deposit rates compared to the previous rate hike in late 2023 is significant, Noss points out. The high interest rates make it extremely profitable for banks now, as the interest on savings accounts is at zero and the interest on deposit accounts is frozen. If the high interest rate persists, banks could earn tens of billions of kroner. The Norwegian Bankers' Association, Finans Norge, notes that all interest conditions, both on loans and deposits, are a result of market competition. Norges Bank's rate hike in May is reflected in the data, but the September hike may take effect in several months. Different banks have varying opinions on how to use the interest rate hike to attract deposit customers. Some banks want to attract more deposit customers for various reasons, such as the proportion of funding derived from deposits versus the market and regulatory requirements. Norges Bank's analysis shows that the interest generated from the rate hike in Norway is higher than in neighboring countries. The current lower proportion of interest earned from rate hikes in Norway compared to other countries is a notable aspect.",
  "summary": "Bankenes innskuddsrenter henger etter. Flytt pengene, oppfordrer Forbrukerrådet og Finans Norge.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}