SpareBank 1 Nord-Norge 2020 AR2
The report highlights SpareBank 1 Nord-Norge's performance in 2020, a year heavily impacted by the Covid-19 pandemic. Despite the challenging environment, the group achieved a return on equity of 12.6% and a cost-income ratio of 40.0%. The bank launched its new business strategy, focusing on sustainability, insight, and quality, alongside a Green Product Framework to support green financing in key regional industries. Additionally, the group successfully navigated a transition in the Helgeland region through a strategic collaboration with Helgeland Sparebank.
Company: SpareBank 1 Nord-Norge
Sector: Finance & insurance
Country: Norway
Year: 2020
Type: AR2
Pages: 272
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SpareBank 1 Nord-Norge
Annual Report
The report highlights SpareBank 1 Nord-Norge's performance in 2020, a year heavily impacted by the Covid-19 pandemic. Despite the challenging environment, the group achieved a return on equity of 12.6% and a cost-income ratio of 40.0%. The bank launched its new business strategy, focusing on sustainability, insight, and quality, alongside a Green Product Framework to support green financing in key regional industries. Additionally, the group successfully navigated a transition in the Helgeland region through a strategic collaboration with Helgeland Sparebank.
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Document Details
Report Year
2020
Reporting Period
Jan 1, 2020 - Dec 31, 2020
Fiscal Year
2020
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Women in Management
Workplace Fatalities
Employees