Storebrand Bank ASA
Interim results for 4th quarter 2006 · Storebrand Bank reported consolidated pre-tax profit of NOK 79 million for Q1 · Loan losses and write-down represented a net write-back of NOK 45 million in Q1, of which an agreed settlement of legal proceedings contributed NOK 35 million · Lending increased by NOK 1.5 billion in Q1 - equivalent to growth of almost 5% · Inflow of new customers continues, with over 5,900 new accounts opened in Q1 · Good level of customer satisfaction (Norsk Finansbarometer 2007) For further information contact: CEO Klaus-Anders