
PRESS RELEASE – NOVEMBER 1, 2024, 07:59
Instabank ASA, the Nordic challenger bank, achieved a pre-tax profit of NOK 35.2 million in Q3-2024 and increased growth in its most profitable segments, home loans and business loans. Additionally, Instabank sold a portfolio of non-performing loans in Finland, confirming the valuation of non-performing loans while improving the bank’s capital adequacy.
Related links: Â Interim Presentation Q2 2024, Interim Report Q3 2024,
About Instabank ASA: Instabank ASA is the Nordic challenger bank for both business and individual customers. We believe in challenging established norms and providing flexible solutions where others create complexity. Instabank operates in Norway, Finland, and Sweden, offering competitive savings, insurance, credit cards, home loans, and unsecured loan products to consumers and small and medium-sized businesses. Instabank also provides deposits in Germany through a partnership with Raisin Bank.
Instabank is a proud sponsor of the Norwegian Athletics Federation and is listed on Euronext Growth on the Oslo Stock Exchange under the ticker INSTA.
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