SpareBank 1 Nord-Norge has decided to establish its own investment company, with a capital of up to NOK 180 million.

 

The corporate purpose of the new company, SpareBank 1 Nord-Norge Invest AS, is to invest primarily in Nord-Norge.  The company will be responsible for investment and management of its resources.

 

Any questions should be directed to Hans Olav Karde, Chief Executive Officer, telephone 77 62 24 01 or Oddmund Aasen, Deputy Chief Executive Officer, telephone 77 62 20 94.

 

 

Tromso, 7 February 2006

For and on behalf of Sparebanken Nord-Norge

 

Kjell Kolbeinsen

Director, Information and Public Relations