SpareBank 1 Nord-Norge (SPXXF) has released an update.
SpareBank 1 Nord-Norge reports a pre-tax profit of 1,889 million NOK for the first half of 2024, marking a 248 million increase from the previous year. The bank has experienced solid growth in both corporate and personal banking, signaling economic vitality in Northern Norway despite higher interest rates and price increases. CEO Hanne Karoline Kræmer highlights the bank’s strong core business and anticipates greater contributions from the SpareBank 1 Alliance in the future.
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