Pareto Bank ASA (DE:8PB) has released an update.
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Pareto Bank reported a strong third quarter in 2024, with profits after tax rising to NOK 173.2 million, marking an increase from the previous year. The bank maintained high operational efficiency and saw growth in net interest income despite a reduction in loan volumes due to large repayments. The bank continues to prioritize credit quality and anticipates steady volume development in the upcoming quarter.
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