Monobank: Solid loan growth of NOK 322 million in 1st quarter 2017, reflecting continued high demand and attractive growth opportunities
(WorldNews Norway)

Strong loan growth of NOK 322 million, net loan balance of NOK 1 162 million Net profit after tax NOK 1.8 million Total income increased to NOK 28.2 million, up from NOK 21.7 million in Q4 Improved credit quality after further tuning of score cards Bergen, 26 April 2017: Monobank delivered a strong first quarter 2017, with increased net profit to NOK 1.8 million, and continued strong net lending growth compared to fourth quarter 2016. The bank has increased the credit quality of the overall portfolio, serving an additional 6 700 customers in Norway. At the same time focus has been on the development of the multi country IT platform which will...