Norwegian Finans Holding (NOFI)

TekBot · mars 24, 2020, 7:37am

Disclosure of shareholding – Norwegian Finans Holding ASA

TekBot · mars 24, 2020, 7:39am

Norwegian Finans Holding ASA – primary insider notification

TekBot · mars 25, 2020, 7:16pm

Norwegian Finans Holding ASA: The Board of Directors in NOFI proposes to the General Assembly that there will be no dividend payment for the fiscal year 2019

The Board of Directors in Norwegian Finans Holding ASA (NOFI) refers to previous
announcements regarding proposed dividend payments for the fiscal year 2019.

…

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The Board of Directors has today resolved to propose that there will be no
dividend payments for the fiscal year 2019.

The Norwegian Finans Holding Group had a CET1-ratio of 21.2% and a leverage
ratio of 14.5% as of 31.12.2019 and is therefore well capitalized. Based on the
current circumstances the Board of Directors has, after a renewed consideration,
decided to amend the former dividend resolution so that there is no proposed
dividend distribution for the fiscal year 2019.

For further enquiries, please contact:

CEO Tine Wollebekk; phone: +47 40805557

CFO Pål Svenkerud; phone: + 47 93403904

Head of Treasury Mats Benserud; phone: + 47 95891539

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

Kilde

TekBot · mars 26, 2020, 6:02am

NORWEGIAN FINANS HOLDING ASA: Årsrapport for 2019 er publisert i dag

TekBot · mars 26, 2020, 6:02am

NORWEGIAN FINANS HOLDING ASA: Annual report for 2019 is published today

TekBot · mars 27, 2020, 8:31am

Norwegian Finans Holding ASA : Meldepliktig handel

TekBot · mars 31, 2020, 3:25pm

Norwegian Finans Holding ASA: S&P Global Ratings affirms the “BBB” rating on Bank Norwegian

TekBot · april 7, 2020, 10:01am

NORWEGIAN FINANS HOLDING ASA: INNKALLING TIL GENERALFORSAMLING

Det innkalles med dette til elektronisk generalforsamling i Norwegian Finans
Holding ASA onsdag 29. april 2020 klokken 17.00. Det vil ikke være mulighet for
fysisk oppmøte. Innkalling og instruks for online deltagelse på
…

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generalforsamlingen ligger tilgjengelig på selskapets nettside:
https://www.banknorwegian.no/OmOss/InvestorRelations/GeneralMeeting

Kontaktperson:

CFO Pål Svenkerud; +47 93403904

Denne opplysningen er informasjonspliktig etter verdipapirhandelloven §5-12

Vi anbefaler alle norske investorer å motta innkalling til generalforsamling og
andre VPS meldinger elektronisk:

For å spare miljøet og kostnader for selskapene du eier aksjer i, kan du velge å
motta innkallinger og annen informasjon elektronisk istedenfor i posten. Følg
punktene under:

Pålogging gjennom din bank eller med Bank ID på www.vps.no
(http://www.vps.no) - Investor- Logg inn Investortjenester

Trykk på ditt navn øverst til høyre

Velg «Investoropplysninger»

Trykk på blå endre knapp

Sjekk at din e-post adresse er korrekt. Du kan selv endre denne samtidig

Velg JA til Elektroniske selskapsmeldinger /Investormelding på alle punkter

Du vil motta en e-post, som sier at du har en melding i investortjenester,
når VPS meldinger / innkallingen er sendt

Logg deg inn på samme sted og hent VPS melding/ innkallingen i Postkassen
øverst til høyre

Påmelding, fullmakt eller forhåndsstemmer (for de selskap som har dette) må
gjøres i investortjenester under Hendelser - Generalforsamling

Kontakte din VPS kontofører om du har spørsmål eller problemer med å sette
opp dette

Kilde

Savepig · april 25, 2020, 8:46pm

Hva er oddsen for at Norwegian reward cashpoints ryker med i NAS dragsuget?

Og hva skjer med bank Norwegian da i tilfelle? Cashpoints er jo 100% av grunnen til at jeg har kredittkort der

Tilbake igjen til komplett bank hvis ikke

Evilfreud · april 25, 2020, 9:02pm

100%, litt som sas eurobonus verdil;st uten sas.

TekBot · april 29, 2020, 5:08pm

Norwegian Finans Holding ASA: Annual General Meeting

TekBot · april 30, 2020, 5:02am

NORWEGIAN FINANS HOLDING ASA: STRONG FINANCIAL PERFORMANCE IN AN UNCERTAIN ENVIRONMENT

Norwegian Finans Holding (the NFH Group) reported comprehensive income in the
first quarter of 2020 NOK 368 million after tax, compared with NOK 504 million
in the fourth quarter of 2019. The decrease is caused by a discretionary
…

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additional provision for loan losses of NOK 230.0 million related to Covid-19 in
the first quarter.

The NFH Group’s resilient financial position with high profitability, strong
capitalization and high levels of liquid assets make the NFH Group well equipped
to withstand the anticipated adverse effects of Covid-19. The total capital
ratio was 23.2%, the core capital ratio was 21.1% and the common equity tier 1
ratio was 19.6%. The capital ratio includes a 63bp dividend set aside according
to the NFH Group dividend policy.

Return on equity was 16.2%, compared with 23.5% in the fourth quarter and the
return on assets was 2.5%, compared with 3.6% in the fourth quarter. Adjusting
for the discretionary additional provision, the return on equity was 23.9% and
the return on assets was 3.7%.

Gross loans to customers increased NOK 2 860 million compared with
NOK 972.5 million in the previous quarter and totaled NOK 47 015 million.
Currency adjusted gross loan growth was NOK -733.3 million compared with
NOK 874.7 million in the previous quarter. Broken down by product the currency
adjusted loan growth for instalment loans was NOK 375.4 million compared with
NOK 400.9 million in the previous quarter, and for credit cards NOK -
1 109 million compared with NOK 473.8 million in the previous quarter. The
negative growth in credit cards is mainly due to lower spending related to
Covid-19. Instalment loans amounted to NOK 33 371 million and credit card loans
amounted to NOK 13 645 million.

Despite the turbulence, the NFH Group recruited 31 000 new customers in the
first quarter. At the end of the first quarter 2020 the NFH Group had a customer
base of 1 747 500 customers, which can be broken down into 1 276 300 credit card
customers, 210 100 instalment loan customers and 261 100 deposit customers.

It is still too early to predict how the highly uncertain effects of Covid-19
will affect the NFH Group. As of the reporting date, there is limited evidence
in observed customer behavior that indicate a significant increase in credit
risk (SICR). However, the drop-off in economic activity has led to a sharp
increase in unemployment, which is expected to culminate in higher credit
losses.

The NFH Group is in the finishing stage of the exploratory phase to apply for an
EU banking license in Ireland in order to give the NFH Group a more efficient
access to expand the business concept with a fully digitalized bank in European
markets. A decision to initiate a draft application process will be made as soon
as the exploratory phase is concluded.

Due to Covid-19, the NFH Group has temporarily paused preparations for expansion
into European markets. Commencement of activities will depend on the fallout of
Covid-19.

Bank Norwegian started its operations in November 2007 and offers instalment
loans, credit cards and deposit accounts to retail customers distributed through
the Internet in the Nordic market. Bank Norwegian offers, in cooperation with
the airline Norwegian, a combined credit card and reward card. The bank started
operations in Sweden in May 2013. In December 2015 the bank launched operations
in Denmark and Finland. In 2019 Norwegian Finans Holding ASA acquired all the
shares in the Irish company Lilienthal Finance Ltd. and through this company all
rights to the Norwegian brand for banking services and access to customers in
Europe.

Bank Norwegian is a digital bank that offers simple and competitive products to
the retail market. The strategy is based on leading digital solutions, synergies
with the airline Norwegian, attractive terms for our customers, cost-effective
operations and effective risk selection.

For further information, see Report for the first quarter 2020, Investor
Presentation for the first quarter 2020, and Excel Factbook for the first
quarter 2020, which are available at:

https://www.banknorwegian.no/OmOss/InvestorRelations

For any questions please call:

CEO Tine Wollebekk; phone: +47 40805557

CFO Pål Svenkerud; phone: +47 93403904

Head of Treasury Mats Benserud; phone: +47 95891539

Head of Communications and Public Affairs Kai-Morten Terning; phone:
+47 90531898

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

Kilde

pleximus83 · april 30, 2020, 11:23am

DnB om med “Sjokktap” i sin Q 1 presentasjon,og diverse banker har også uttrykt økende tap som følge av Covid-19 situasjonen…

NOFI setter av tap på 230 millioner

Dette virker da ekstremt optimistisk ut…eller?

Hallakis · april 30, 2020, 11:26am

Tror de kommer til å måtte ta mye tap i q2.

rayman · april 30, 2020, 11:31am

Bare vent, dette er ikke over enda. Husk at det var bare noen dager igjen av Q1 når korona tiltakene tredde i kraft…

TekBot · mai 27, 2020, 6:31am

Norwegian Finans Holding ASA: MREL phase-in period extended to 1 January 2024

TekBot · mai 28, 2020, 9:52am

Mandatory notification of trade NOFI

TekBot · mai 28, 2020, 9:52am

Mandatory notification of trade NOFI

TekBot · juni 23, 2020, 1:00pm

NORWEGIAN FINANS HOLDING ASA: Resolution to issue new shares under the incentive scheme for key employees

Norwegian Finans Holding ASA (“the Company”) has now determined the bonus for
key management for 2019 based on the incentive scheme for key management of the
Company and Bank Norwegian AS (“Bank Norwegian”). Based on this scheme, a part
…

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of each employee’s bonus claim shall be settled by shares in the Company.

Consequently, the board of directors has, on 22 June 2020, resolved a capital
increase of NOK 152,412 by issuance of 152,416 new shares, each with a par value
of NOK 1. The new shares are issued on the condition that the Financial
Supervisory Authority in Norway approves the capital increase and the capital
increase is registered with the Norwegian Register of Business Enterprises.
Provided that the capital increase is approved, the new share capital in the
Company, following registration, will be NOK 186,904,268 divided into
186,904,268 shares.

The subscription price for the shares to be allocated is NOK 39.75 per share.
This subscription price has been based on the market value during the relevant
time period in accordance with the Company’s guidelines.

The capital increase was resolved by the Company’s board under a mandate to
increase the share capital by issuance of new shares, and which was granted to
the board by the Company’s annual general meeting at 29 April 2020.

Since the employees’ bonus claims are against Bank Norwegian, the Company has
assumed these obligations pursuant to an agreement with Bank Norwegian to make
possible a debt conversion as settlement mechanism for the shares.

The following primary insiders have been allotted shares by the Company:

Tine Wollebekk has been allotted 34,074 shares, new shareholding amounts to
88,281 shares.

Pål Svenkerud has been allotted 30,807 new shares, new shareholding amounts to
996,103 shares.

Tore Andresen has been allotted 31,166 shares, new shareholding amounts to
1,103,185 shares.

Fredrik Mundal has been allotted 24,441 shares, new shareholding amounts to
52,412 shares.

Peer Timo Andersen-Ulven has been allotted 18,300 shares, new shareholding
amounts to 25,607 shares.

Kristin Thorstensen has been allotted 5,870 shares, new shareholding amounts to
26,593 shares.

Frode Bjørnstad has been allotted 7,094 shares, new shareholding amounts to
10,941 shares.

Guri Aunan has been allotted 335 shares, new shareholding amounts to 2,985
shares.

Jorid Røen has been allotted 325 shares, new shareholding amounts to 325 shares.

Contact person:

Mats Benserud, Head of Treasury in Bank Norwegian

Tel.: +47 958 91 539

Email: mbe@banknorwegian.no

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

Kilde

TekBot · juni 23, 2020, 1:00pm

NORWEGIAN FINANS HOLDING ASA: Resolution to issue new shares under the incentive scheme for key employees

Norwegian Finans Holding ASA (“the Company”) has now determined the bonus for
key management for 2019 based on the incentive scheme for key management of the
Company and Bank Norwegian AS (“Bank Norwegian”). Based on this scheme, a part
…

Vis børsmeldingen

of each employee’s bonus claim shall be settled by shares in the Company.

Consequently, the board of directors has, on 22 June 2020, resolved a capital
increase of NOK 152,412 by issuance of 152,416 new shares, each with a par value
of NOK 1. The new shares are issued on the condition that the Financial
Supervisory Authority in Norway approves the capital increase and the capital
increase is registered with the Norwegian Register of Business Enterprises.
Provided that the capital increase is approved, the new share capital in the
Company, following registration, will be NOK 186,904,268 divided into
186,904,268 shares.

The subscription price for the shares to be allocated is NOK 39.75 per share.
This subscription price has been based on the market value during the relevant
time period in accordance with the Company’s guidelines.

The capital increase was resolved by the Company’s board under a mandate to
increase the share capital by issuance of new shares, and which was granted to
the board by the Company’s annual general meeting at 29 April 2020.

Since the employees’ bonus claims are against Bank Norwegian, the Company has
assumed these obligations pursuant to an agreement with Bank Norwegian to make
possible a debt conversion as settlement mechanism for the shares.

The following primary insiders have been allotted shares by the Company:

Tine Wollebekk has been allotted 34,074 shares, new shareholding amounts to
88,281 shares.

Pål Svenkerud has been allotted 30,807 new shares, new shareholding amounts to
996,103 shares.

Tore Andresen has been allotted 31,166 shares, new shareholding amounts to
1,103,185 shares.

Fredrik Mundal has been allotted 24,441 shares, new shareholding amounts to
52,412 shares.

Peer Timo Andersen-Ulven has been allotted 18,300 shares, new shareholding
amounts to 25,607 shares.

Kristin Thorstensen has been allotted 5,870 shares, new shareholding amounts to
26,593 shares.

Frode Bjørnstad has been allotted 7,094 shares, new shareholding amounts to
10,941 shares.

Guri Aunan has been allotted 335 shares, new shareholding amounts to 2,985
shares.

Jorid Røen has been allotted 325 shares, new shareholding amounts to 325 shares.

Contact person:

Mats Benserud, Head of Treasury in Bank Norwegian

Tel.: +47 958 91 539

Email: mbe@banknorwegian.no

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

Kilde