A good result characterised by growth, increased income and reversed impairment provisions
SpareBank 1 SR-Bank ASA (SRBNK) achieved a pre-tax profit of NOK 1,021 million in the second quarter of 2022, compared with NOK 959 million for the same period last year. The return on equity after tax for the quarter was 12.0%. High lending growth, increased net interest income and reversed impairment provisions lead to the good result. The group had a total lending growth of 7.6% in the past 12 months. There was significant growth in the retail market (6.1%), in the corporate market (10.7%) and SME & agriculture (8.5%), where positive development in the business sector contributed to