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Can I expect further changes in interest rates of my loan at Almenni?

02. apríl 2020

Interest rates are decided at Almenni´s monthly board meetings. Note that key interest rate given by The Central Bank of Iceland is a seven-day term deposit rate, but the variable rates are fixed for 36 months at a time. Among other things the board considers are key interest rates the The Central Bank of Iceland, rates comparable loans, expected inflation and the fund risk assessment.