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Land	Norge
Lista	4
Sektor	Finans
Industri	Nischbank

Land

Norge

Lista

Sektor

Finans

Industri

Nischbank

Maritime & Merchant Bank ASA (MMBANK) Financial Report 31.12.2021.

2022-02-16 13:53:39

The profit for the period 01.01.21 - 31.12.2021 before tax is USD 7 950 395 (USD 5 931 709 in 2020). 
Profit after payable tax is USD 6 133 110 as of 31.12.2021 (USD 5 093 351 after payable and deferred tax) (5 232 713 in 2020). 
Book value per share is USD 14.31 (USD 13.90 in 2020)
Earnings per share for the period 01.01.21 - 31.12.2021 before tax is USD 0.97 (USD 0.73 in 2020).

The Board of Directors propose a dividend of USD 0.187 per share (USD 1 528 005, which is 30% of Profit after tax).

The amount of disbursed loans increased with 17% during the period 01.01.21 - 31.12.2021 from 
USD 270 mill to USD 316 mill. 

There has been no credit losses and the Bank has no non-performing loans. From the start of the operation in January 2017 the bank has disbursed 1. priority loans in the total amount of USD 630 mill to clients worldwide. The total loss for the bank in this period constitutes 0.05% of the credit disbursed.