Mono-me Q4 18 results: Continued growth, loan loss provisions affect profitability

Highlights: · Net loan balance increased 7.4% from Q3’18 to NOK 3.7 billion in Q4’18 on geographical expansion · Increased loan loss provisions affected profitability, Q4’18 net profit of NOK -8,7 million · Net interest income increased to NOK 95.1 million in Q4’18, up 10.4% vs Q3’18 and 70.1% vs Q4’17 · Monobank to merge with BRAbank, creating a well-positioned bank with a strong capital base Monobank continued to experience a positive market response and continued strategic progress through the fourth quarter of 2018. Overall loans and advances to customers