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Sparebank 1 Nord-Norge (NONG.OL)

NONG.OL on Oslo Stock Exchange

58.00NOK
26 May 2017
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Latest Key Developments (Source: Significant Developments)

Sparebank 1 Nord-Norge Q1 net income up at NOK 313 million
Friday, 5 May 2017 01:15am EDT 

May 5 (Reuters) - SPAREBANK 1 NORD-NORGE ::Q1 NET INTEREST INCOME NOK 422 MILLION VERSUS NOK 386 MILLION YEAR AGO.Q1 LOAN LOSSES NOK 44 MILLION VERSUS NOK 24 MILLION YEAR AGO.Q1 NET INCOME NOK 313 MILLION VERSUS NOK 275 MILLION YEAR AGO.  Full Article

Sparebank 1 Nord-Norge: successful issuance of Tier 1 and Tier 2 bond
Monday, 20 Mar 2017 11:16am EDT 

Sparebank 1 Nord-Norge : Successful issuance of Tier 1 and Tier 2 bond . Issued perpetual Tier 1 bond of 350 million Norwegian crowns ($41.3 million) with floating rate coupon equal to 3 months NIBOR + 3.30 percentage points . Tier 1 bond has call option after 5 years, April 4, 2022 .Also issued Tier 2 bond of 500 million crowns with floating rate coupon equal to 3 months NIBOR + 1.54 percentage points.  Full Article

Sparebank 1 Nord-Norge contemplates issuing Tier 1 and Tier 2 capital
Friday, 17 Mar 2017 04:05am EDT 

Sparebank 1 Nord-Norge : Contemplating issuing Tier 1 and Tier 2 capital .Considers issuing new Tier 1 perpetual bond of up to 350 million Norwegian crowns ($41.2 million) and a new Tier 2 bond of up to 500 million crowns.  Full Article

Sparebank 1 Nord-Norge Q4 profit after tax up at NOK 268 million
Wednesday, 15 Feb 2017 01:15am EST 

Sparebank 1 Nord-Norge : Q4 net interest income 434 million Norwegian crowns ($51.71 million) versus 390 million crowns year ago . Q4 loan losses 64 million crowns versus 92 million crowns year ago . Q4 profit after tax 268 million crowns versus 133 million crowns year ago .Proposes 2016 dividend of 3.45 crowns per equity certificate.  Full Article

Sparebank 1 Nord-Norge Q3 net income up at 357 million crowns
Friday, 28 Oct 2016 01:00am EDT 

Sparebank 1 Nord-Norge : Q3 net interest income 423 million Norwegian crowns ($51.22 million) versus 385 million crowns year ago .Q3 net income 357 million crowns versus 186 million crowns year ago.  Full Article

Sparebank 1 Nord-Norge signs market making agreement
Wednesday, 5 Oct 2016 01:00am EDT 

Sparebank 1 Nord-Norge ASA : Entered into market making trial agreement with Sparebank 1 Markets AS ending Dec. 31 .Agreement is to enhance liquidity in trading of equity certificates of company.  Full Article

Sparebank 1 Nord-Norge Q2 net interest income rises to NOK 401 mln
Thursday, 11 Aug 2016 01:15am EDT 

Sparebank 1 Nord-Norge : Q2 loan losses 64 million Norwegian crowns ($7.73 million) versus 36 million crowns year ago . Q2 net interest income 401 million crowns versus 368 million crowns year ago .Q2 net income 353 million crowns versus 261 million crowns year ago.  Full Article

SpareBank 1 Nord-Norge has completed sales of ownership in North West 1 Alliance Bank
Tuesday, 5 Jan 2016 05:10am EST 

SpareBank 1 Nord-Norge:Has completed sales of its ownership in North-West 1 Alliance Bank (NW1AB) to a Russian buyer group.SpareBank 1 Nord -Norge's total financing of NW1AB has been taken over by the same buyer group.SpareBank 1 Nord-Norge made a loss provision on its exposure in Russia of 300 million Norwegian crowns in FY 2014 accounts.Total exposure previous to the loss provisioning was 615 million crowns.Following the above, SpareBank 1 Nord-Norge's goal has been to wind up its commitments in Russia.  Full Article

SpareBank 1 Nord-Norge offers around 150 staff severance agreements
Thursday, 26 Nov 2015 07:15am EST 

SpareBank 1 Nord-Norge:Offers around 150 staff severance agreements.Around 150 severance agreements will be signed due to voluntary process compared with the previously indicated figure of 100.Non-recurring costs in region of 150 million Norwegian crowns will be incurred in connection with downsizing process.  Full Article

More From Around the Web

BRIEF-Sparebank 1 Nord-Norge Q1 net income up at NOK 313 million

* Q1 NET INTEREST INCOME NOK 422 MILLION VERSUS NOK 386 MILLION YEAR AGO