Brief: Komplett Bank Q4 Net Interest Income Rises To Nok 293.8 Mln

Morrow Bank ASA

12/02/2020 06:19

Feb 12 (Reuters) - Komplett Bank ASA  KOMPBK.OL :
    * Q4 NET INTEREST INCOME NOK 293.8 MILLION VERSUS NOK 271.1
MILLION YEAR AGO
    * Q4 NET LOSS NOK 15.4 MILLION VERSUS PROFIT NOK 96 MILLION
YEAR
AGO
    * TOTAL LOSSES ON LOANS OF NOK 222 MILLION IN THE QUARTER,
OF
WHICH NOK 105 MILLION WERE DUE TO ADDITIONAL LOAN LOSS
PROVISIONS PRIMARILY DRIVEN BY LOSS GIVEN DEFAULT (LGD)
PARAMETERS CHANGES
    * BOARD ASSESSES THAT THE BANK IS NOT YET IN A DIVIDEND
POSITION

Source text for Eikon:  ID:nObiHbjtba 
Further company coverage:  KOMPBK.OL 

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