SpareBank 1 Nord-Norge's good results continue, with first quarter profits of NOK 229 million and good deposit growth
SpareBank 1 Nord-Norge today presents its result for the first quarter of 2007. The Bank made a NOK 229 million profit, after credit losses, but before tax, higher than the NOK 227 million result for the corresponding quarter in the record year of 2006.The good result is attributable to good interest- and commission income, low credit losses and a very good result for SpareBank 1 Gruppen AS. The figures reflect strong banking operations, with big and effective efforts from the Bank's staff, a region still enjoying strong economic expansion, but also a financial market with fierce