Very good result
The Norwegian Sparebank 1 Nord-Norge presents its best quarterly result ever today.
The Northern Norwegian base bank presents a pre-tax operation result of NOK 671 million (EUR 75 million) per third quarter 2009, the bank writes in a marked statement.
In addition to its branch-offices in Northern Norway, SpareBank 1 Nord-Norge has its own representative office in Murmansk and is a shareholder in the Russian bank, Tavrichesky OJSC, whose head office is located in St. Petersburg.
The figures for the third quarter indicate good underlying banking operations and low losses on loans, taking into account the current macro-economic situation.
