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Solid half-year profits and record-high optimism
SpareBank 1 Østlandet’s net profit for the first half of 2021 was NOK 955 million after tax.
“The good performance reflects that the bank has weathered the coronavirus period with stable operations and low losses. Currently, there is high optimism in the population and among businesses in the region, which bodes well for developments going forward,” says Richard Heiberg, Group CEO of SpareBank 1 Østlandet.
SpareBank 1 Østlandet’s operations in 2020 were characterised by high activity levels, interactive customer contact and strong customer growth. The consolidated profit amounted to NOK 1,608 (1,928) million after tax.