2nd quarter 2018

Good profits from banking operations, subsidiaries and product companies
Profit was NOK 1,209m and NOK 433m better than in the first half of 2017. The improvement is due to increased operating income, improved return on financial assets and reduced loan losses
Common equity tier 1 (CET1) ratio at 31 June 2018: 15.0%
Considerable increase in customer base and high growth in all product areas

Pre-tax profit: NOK 1,345m (984m)
Post-tax profit: NOK 1,209m (776m)
Return on equity: 14.4% (9.9%)
CET1 ratio: 15.0% (14.9%)
Growth in lending: 7.6% (8.5%) and in deposits: 6.3% (12.7%) in the last 12 months
Growth in lending to retail borrowers: 10.6% in the last 12 months. Retail loans account for 67% (65%) of total lending
Growth in lending to corporate borrowers: 2.0% in the last 12 months
Losses on loans and guarantees: NOK 127m (175m), measuring 0.17% (0.25%) of gross lending
Earnings per equity certificate (EC): NOK 5.75 (3.66). Book value per EC: NOK 80.21 (75.40)