The Norwegian Financial Supervisory Authority has set the late payment interest rate for the second half of 2026 at 12.25 percent per year and the standard compensation for debt recovery costs at NOK 430. The new rates apply from 1 July 2026. Late payment interest is set every half year, with effect from 1 January and 1 July, and must equal Norges Bank’s policy rate plus at least 8 percentage points. The second half 2026 rate is 0.25 percentage points higher than the previous setting. The standard compensation for recovery costs is also set every half year and must correspond to EUR 40. The NOK amount has been set at NOK 430, down from NOK 460 previously. Responsibility for setting both amounts was assigned to the Norwegian Financial Supervisory Authority by the Ministry of Finance on 18 June 2025 under the Late Payment Interest Act.
Norwegian Finanstilsynet2026-06-29
Norwegian Financial Supervisory Authority sets late payment interest rate at 12.25 percent and recovery cost compensation at NOK 430 for second half of 2026
The Norwegian Financial Supervisory Authority has set the late payment interest rate for the second half of 2026 at 12.25 percent per year and the standard compensation for recovery costs at NOK 430. Both rates apply from 1 July 2026. The interest rate is 0.25 percentage points higher than the previous setting, while the compensation amount is down from NOK 460.