Aprila Bank delivered a pre-tax profit of NOK -5.3 million in the first quarter of 2022; its best quarterly result since the start of operations in Q2 2018. Total income amounted to NOK 17.9 million, an increase of 107% YoY. The result is supported by an all-time high number of new credit line customers. 

Key figures at the end of the quarter:
- Gross loans amounted to NOK 438 million, an increase of 106% YoY
- Gross lending to credit line accounts amounted to NOK 377 million, an increase of 144% YoY 
- 5,344 unique customers, an increase of 53% YoY
- 6,086 open customer accounts, an increase of 52% YoY

The report and presentation are available on the company’s website:
https://www.aprila.no/investor-relations

Aprila will present the results today at 10:00 CET.

A recording of the presentation will be made available on https://www.aprila.no/investor-relations after the presentation.

About Aprila Bank
Aprila is a product- and technology company offering improved access to financing for businesses through innovative financial solutions. Aprila’s API-based technology platform supports both direct customer relationships as well as customer relationships established through partners. The bank commenced operations in April 2018.

For further information, please contact:

Halvor S. Lande
CEO
+47 924 32 305
halvor.lande@aprila.no 

or

Kjetil S. Barli
CFO
+47 908 42 016
kjetil@aprila.no