Reference is made to the notification on 3 November 2023 regarding the divestment of a portfolio of non-performing loans with a total gross carrying amount of around NOK 28 million as of 2 November 2023.

Following an internal review, the estimated effect on the bank’s pre-tax profit has been adjusted.

The adjusted estimate of the effect on the bank’s loan losses in November 2023 is NOK 0.5 million. After accounting for around NOK 1 million in expenses related to the transaction, the adjusted estimate of the effect on the bank’s pre-tax profit in the fourth quarter is NOK -0.5 million. 

For further information, please contact:

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