FilingReader Intelligence
OBOS-banken profit rises despite rate cuts impact
July 17, 2025 at 04:54 PM UTC•By FilingReader AI
OBOS-banken reported first-half pre-tax profit of NOK 342 million, up from NOK 329 million in H1 2024, despite net interest income declining due to rate cuts.
Gross loans increased 7.0% over 12 months to NOK 64.95 billion, while customer deposits rose to NOK 30 billion from NOK 28.13 billion.
The bank's common equity tier 1 ratio strengthened significantly to 25.1% from 18.2% in Q2 2024 due to CRR3 implementation.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
Primary Source Document
OSL:OBOSBK•Oslo Stock Exchange
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