Storebrand Bank ASA - Interim results for 4th quarter 2006

  • Storebrand Bank reported consolidated pre-tax profit of NOK 36.0 million for Q4
  • NOK 6.3 million write-back in Q4 of earlier loan loss write-downs
  • Increase of NOK 2.6 billion in lending in Q4
  • Decline in non-performing and loss-exposed loans continues as expected
  • Deposit-to-loan ratio of 43.4% at the close of Q4
  • Good inflow of new customers, with over 6,000 new accounts opened in Q4
 
For further information contact:
 
CEO Klaus-Anders Nysteen, phone +47 22 31 51 50, mobile +47 992 65 691
Finance Director, Trond Fladvad, phone +47 22 31 55 71,
mobile +47 928 97 173