*

Hitt og þetta 25. apríl 2006

Rygge-Vaaler Sparebank reports Q1 pre-tax result of NOK29.6m

Nordic Business Report-April 25, 2006-Rygge-Vaaler Sparebank reports Q1 pre-tax result of NOK29.6m
(C)1994-2006 M2 COMMUNICATIONS LTD http://www.m2.com

The Norwegian regional bank Rygge-Vaaler Sparebank issued its first quarter report on Tuesday (25 April), posting a pre-tax result of NOK29.6m, as compared to NOK27.5m in the first quarter of 2005.

Net interest and commission income amounted to NOK39.57m, as compared to NOK39.34m in the first quarter last year.

One Norwegian krone (NOK) is worth approximately 0.08 British pounds (GBP).

((Comments on this story may be sent to tww.feedback@m2.com))