Sunndal Sparebank FRN PERPSunndal Sparebank FRN PERPSunndal Sparebank FRN PERP

Sunndal Sparebank FRN PERP

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SUNSB12_PRO analysis



Key facts


Issuer
Sunndal Sparebank
Issue date
Aug 13, 2021
Outstanding amount
‪50.00 M‬NOK
Face value
100,000.00NOK
Minimum denomination
100,000.00NOK
Coupon
7.23% (Variable)
Sunndal Sparebank is a form of banking organization that lends money while also taking deposits from the general public and turning them into demand deposits. They have the responsibility of gathering public deposits and lending those deposits for the growth of commerce, industry, trade, and agriculture. They receive interest on loans and advances from depositors at higher rates while paying depositors lower interest.
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