| Parent bank |
|
Group |
| January - December |
|
January - December |
| 2016 |
2017 |
(NOK million) |
2017 |
2016 |
| |
|
|
|
|
| |
|
Interest income |
|
|
| 124 |
137 |
Interest income from loans to and claims on central banks and credit institutions |
44 |
48 |
| 2,986 |
3,150 |
Interest income from loans to and claims on customers |
3,476 |
3,240 |
| 292 |
284 |
Interest income from money market instruments, bonds and other fixed income securities |
281 |
289 |
| - |
- |
Other interest income |
23 |
19 |
| 3,401 |
3,571 |
Total interest income |
3,825 |
3,597 |
| |
|
|
|
|
| |
|
Interest expense |
|
|
| 152 |
133 |
Interest expenses on liabilities to credit institutions |
137 |
153 |
| 652 |
654 |
Interest expenses relating to deposits from and liabilities to customers |
636 |
636 |
| 708 |
668 |
Interest expenses related to the issuance of securities |
668 |
708 |
| 99 |
95 |
Interest expenses on subordinated debt *) |
97 |
101 |
| 2 |
-0 |
Other interest expenses |
13 |
13 |
| 58 |
49 |
Guarantee fund levy |
49 |
58 |
| 1,672 |
1,599 |
Total interest expense |
1,600 |
1,668 |
| |
|
|
|
|
| 1,730 |
1,972 |
Net interest income |
2,225 |
1,929 |
| *) SpareBank 1 SMN has as from the fourth quarter of 2017 reclassified two debt hybrids from debt to equity. The change has brought a reduction totalling NOK 44m in interest expenses for 2017 and NOK 45m for 2016. Comparatives for 2016 have been restated. See note 1 for further details. |
