4081_not-searchable
/en/bank-og-finansmarked/statistikker/finhold/arkiv
4081
Upturn in the annual profit
statistikk
2010-07-22T10:00:00.000Z
Banking and financial markets
en
finhold, Financial holding companies, profit and loss account, balance sheet, utilised loans, securities, bonds, commercial papersFinancial institutions and other financial corporations, Banking and financial markets
false

Financial holding companies, 2009

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Upturn in the annual profit

The annual profit for financial holding companies more than doubled from 2008 to 2009. The increase was mainly due to higher operating income.

The annual profit increased by NOK 2.6 billion or 141 per cent - from NOK 1.8 billion in 2008 to 4.4 billion in 2009. This increase was mainly due to a rise in operating income and income from subsidiaries and associated companies.

Total assets increased by 20 per cent, from NOK 91.5 billion in 2008 to 110 billion in 2009.

There was a marked increase in bank deposits as well as a rise in short dated claims on group- and associated companies.

Loans and other claims on group- and associated companies fell by 48 per cent, from NOK 12.5 billion to NOK 6.5 billion. Meanwhile, long and short term bond holdings increased by 64 per cent, from NOK 758 million to NOK 1.2 billion. There was also a pronounced reduction in financial derivatives, from NOK 152 million to NOK 11 million.

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