Sparebanken Møre Group reports a profit after tax of NOK 120 million in Q1 2016, against 122 million in the same period last year.
The result before tax was NOK 160 million, compared with 167 million last year.
the result before loan losses was 158 million, against 175 million the previous year.
Net interest income amounted to 250 million, compared with 255 million in Q1 2015.
Here is the report and the presentation.
Bank Medler also adm. director of Sparebanken Møre, Olav Arne Fiskerstrand, retiring on 1 April 2017.
“Fiskerstrand 60th birthday in October 2016, and has since reached retirement age according to his employment with the board. the board has asked him to extend his contract until 31 March 2017, which Fiskerstrand has accepted to “writes the bank.
Fiskerstrand has been chief executive of the bank since 1997.
Read the full release here.
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