July 28, 2017 6:17 AM ET

Banks

Company Overview of Nordea Bank Norge ASA

Company Overview

Nordea Bank Norge ASA, together with its subsidiaries, provides banking products and services to household and corporate customers, and institutional and public companies in Norway. The company operates through Personal Banking, Commercial and Business Banking, Wholesale Banking, and Wealth Management business areas. It offers account based products, such as lending, deposits, and cards and netbank services; cash management, and trade and project finance services; and asset based financing through leasing, hire purchase, and factoring, as well as offering sales to finance partners, such as dealers, vendors, and retailers. The company also provides capital markets products, such as financial ...

Middelthunsgt. 17

PO Box 1166

Sentrum,  0107

Norway

2,716 Employees

Phone:

47 22 48 50 00

Fax:

47 22 48 47 09

Key Executives for Nordea Bank Norge ASA

Nordea Bank Norge ASA does not have any Key Executives recorded.

Nordea Bank Norge ASA Key Developments

Nordea Bank Norge ASA, Annual General Meeting, Mar 16, 2017

Nordea Bank Norge ASA, Annual General Meeting, Mar 16, 2017.

Nordea Bank Norge ASA Announces Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2016

Nordea Bank Norge ASA announced consolidated earnings results for the third quarter and nine months ended September 30, 2016. For the quarter, the company reported net interest income of NOK 2,381 million against NOK 2,350 million a year ago. Total operating income was NOK 3,202 million against NOK 3,166 million a year ago. Operating profit was NOK 1,314 million against NOK 1,808 million a year ago. Profit before loan losses was NOK 1,993 million against NOK 1,930 million a year ago. Net profit was NOK 970 million or NOK 1.8 per basic and diluted share against NOK 1,347 million or NOK 2.4 per basic and diluted share a year ago. Return on equity was 6.6% against 9.8% a year ago. For the nine months, the company reported net interest income of NOK 7,013 million against NOK 7,027 million a year ago. Total operating income was NOK 9,598 million against NOK 9,748 million a year ago. Operating profit was NOK 4,637 million against NOK 5,461 million a year ago. Profit before loan losses was NOK 5,931 million against NOK 6,035 million a year ago. Net profit was NOK 3,534 million or NOK 6.4 per basic and diluted share against NOK 4,074 million or NOK 7.4 per basic and diluted share a year ago. Return on equity was 8.1% against 10.8% a year ago. Cash flow used from operating activities was NOK 8,301 million against NOK 3,534 million a year ago. Investment in property and equipment was NOK 81 million against NOK 325 million a year ago. Investment in intangible assets was NOK 17 million against NOK 23 million a year ago.

Nordea Bank Norge ASA Presents at 18th Annual Norway Ship & Offshore Finance Forum, May-25-2016 09:35 AM

Nordea Bank Norge ASA Presents at 18th Annual Norway Ship & Offshore Finance Forum, May-25-2016 09:35 AM. Venue: Radisson Blu Plaza Hotel, Oslo, Norway. Speakers: Arne Berglund, Senior Vice President.

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