OP-prime to rise to 2.2 per cent

OP Financial Group is raising its OP-prime rate from 1.5 per cent to 2.2 per cent. This change will take effect on 6th of February 2023. The raising of the interest rate is based on rising market rates.  

OP-prime is a reference rate that regulates some of OP Financial Group's borrowing and lending rates. OP-prime was last changed in October 2022.