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Strong lending growth in a solid quarter for Sparebanken Møre

Sparebanken Møre continues to grow, and the second quarter shows lending growth in the retail market of close to NOK 1.5 billion. The quarterly growth is the highest in the bank's history.

Has passed milestone of DKK 100 billion in total assets

Good growth and increased revenues result in a solid quarter for Northwest Norway's largest bank, which has now passed NOK 100 billion in total assets.

Started the year with good revenue growth

Sparebanken Møre can point to customer growth, rising revenues and no booked losses in the 1st quarter.

Solid growth for Sparebanken Møre

Sparebanken Møre continues to grow in Northwest Norway, and has increased its lending by more than NOK 3 billion over the past 12 months. This gives a lending growth of 4.6 per cent.

Sparebanken Møre lifts profit

Sparebanken Møre can summarise the first quarter with improved profitability and cost-efficiency. The bank has also strengthened its focus in several income areas.

Strengthening the market leader position

Sparebanken Møre continues to strengthen its market share in Northwest Norway. Over the past 12 months, the bank has increased its lending by approximately NOK 4 billion, which gives a lending growth of 6.2 per cent.

Solid banking operations in a challenging year

Sparebanken Møre is coming off a year of high activity and a strengthened market position. Preliminary accounting figures for 2020 show an annual profit after tax of NOK 567 million, compared with NOK 711 million in 2019.

Good operations in Q3

Sparebanken Møre reported a profit after tax of NOK 153 million in Q3.

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