SpareBank 1 SMN 2018 AR2
The report highlights SpareBank 1 SMN's strong financial and operational performance in 2018, achieving a post-tax profit of NOK 2,090 million and a return on equity of 12.2%. The bank consolidated its position as a regional market leader in Central Norway while advancing its digital strategy, with digital sales increasing to 34% of overall sales. In sustainability, the bank professionalized its CSR efforts, reporting in accordance with the GRI Standards Core option, and launched the Plastic Waste Clean-Up Project involving over 12,000 volunteers. Additionally, the bank maintained a solid financial position with a common equity tier 1 (CET1) ratio of 14.6%.
Company: SpareBank 1 SMN
Sector: Finance & insurance
Country: Norway
Year: 2018
Type: AR2
Pages: 206
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SpareBank 1 SMN
Annual Report
The report highlights SpareBank 1 SMN's strong financial and operational performance in 2018, achieving a post-tax profit of NOK 2,090 million and a return on equity of 12.2%. The bank consolidated its position as a regional market leader in Central Norway while advancing its digital strategy, with digital sales increasing to 34% of overall sales. In sustainability, the bank professionalized its CSR efforts, reporting in accordance with the GRI Standards Core option, and launched the Plastic Waste Clean-Up Project involving over 12,000 volunteers. Additionally, the bank maintained a solid financial position with a common equity tier 1 (CET1) ratio of 14.6%.
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Document Details
Report Year
2018
Reporting Period
Jan 1, 2018 - Dec 31, 2018
Fiscal Year
2018
Published
Mar 5, 2019
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
Energy Consumption
Renewable Energy
Women on Board
Women in Management
Employees