Nordic Business Report-April 27, 2006-Sparebanken Vest reports Q1 pre-tax profit of NOK210m
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The Norwegian bank Sparebanken Vest issued its first quarter report on Thursday (27 April), posting a pre-tax profit of NOK210m, as compared to NOK140m in the first quarter of 2005.
Total operating income amounted to NOK405m, up from NOK335m in the first quarter last year. Net interest and commission income improved from NOK239m to NOK252m.
One Norwegian krone (NOK) is worth approximately 0.09 British pounds (GBP).
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