Monobank ASA: MONO-ME - Successful launch in Finland and increased 2017 target
Successful launch in Finland and increased 2017 target · Continued solid net loan growth of 284 million for the quarter, net loan balance of NOK 1 446 million · Successful launch of consumer loan business in Finland on 29[th] May · Net interest income of NOK 37.1 million, up from NOK 29.9 million in Q1 · Operating expenses in line with expectations · Net profit after tax reached NOK 3.0 million · Continued improved credit quality in line with projections after introducing internally developed score card · Aggregate loans outstanding target raised to around NOK 2.3