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Skandiabanken ASA : Skandiabanken: Taking the next step

Skandiabanken ASA will host its Capital Markets Day in Oslo today at 10.00 CET.

Skandiabanken's key financial targets for 2017 - 2019:

  • Return on equity (ROE) of 14 per cent
  • Cost-to-income ratio lower than 35 per cent
  • Annual lending growth exceeding 10 per cent

Skandiabanken will strengthen and expand its concept:

Take a leading position in the market for savings by offering automated, individual advice available to all customers. Increase the product range within insurance, starting with payment and debt insurance. Will also expand into the market for the smallest SMEs, offering the best customer experience with a fair deal, DIY-concept and transparent pricing. Skandiabanken will continue to challenge the established together with the customers.

The presentation is available at:

The Capital Markets Day can be seen live or in recording at:

Contact details, Investor Relations:

Brede Selseng, Head of IR Skandiabanken ASA, +47 971 62 171

Henning Nordgulen, CFO, Skandiabanken ASA, +47 952 65 990

Media contact:

Ole Bernhard Larsen, Chief Communication Officer, Skandiabanken ASA, +47 959 40 045

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.