Reference is made to the interim report for the first quarter 2023 which highlighted the bank’s emphasis on reaching underlying overall profitability.

As of the end of May 2023, Aprila is pleased to announce that it has attained its target, delivering a pre-tax profit of NOK 3.7 million quarter-to-date and NOK 1.7 million year-to-date. The accomplishment reflects Aprila's operational efficiency and implies that the bank is on track to deliver a robust net income in 2023.

Key figures as of 31 May 2023:
- Gross lending reached NOK 774 million, an increase of 56% year-on-year
- Gross lending to credit line accounts amounted to NOK 719 million, an increase of 67% year-on-year
- The number of credit line accounts was 4,278, an increase of 53% year-on-year
- Cost/income was 59% quarter-to-date and 66% for the last twelve months

The interim results for the second quarter 2023 will be published on 15 August 2023. An invitation to a presentation of the results will be distributed in due course. 

About Aprila Bank
Aprila is an innovative product- and technology company offering enhanced access to financing for businesses. 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

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