Instabank ASA: Updated decision regarding the capital composition for the Pillar 2 requirement
The Financial Supervisory Authority of Norway (the “FSA”) informed Instabank onJanuary 21st, 2025, that they have revised the capital requirements decision forPillar 2, which the bank received on May 23, 2024. Previously, the Bank’s Pillar2 requirement of 4.8 % had to be fully covered by 100 % common equity tier 1(CET1) capital. Under the revised […]
INSTA: Financial calendar
Financial calendar for Instabank ASAFINANCIAL YEAR 202413.03.2025 – Annual Report10.04.2025 – Annual General Meeting07.02.2025 – Quarterly Report – Q4FINANCIAL YEAR 202515.08.2025 – Half-yearly Report12.03.2026 – Annual Report09.04.2026 – Annual General Meeting09.05.2025 – Quarterly Report – Q131.10.2025 – Quarterly Report – Q306.02.2026 – Quarterly Report – Q4This information is published pursuant to the requirements set out […]
INSTA: Lunar and Instabank’s shareholders settle and conclude Norwegian lawsuit
Lunar and Instabank’s shareholders have settled the Norwegian lawsuit. Bothparties have agreed to close the case and look forward. Thus, the lawsuit isdefinitively concluded. “We are pleased that the case is now coming to an end. After a close dialoguewith Lunar, we have arrived at the best solution. The past few years have beenturbulent, and […]
INSTA: Financial calendar
Financial calendar for Instabank ASAFINANCIAL YEAR 202413.03.2025 – Annual Report07.02.2025 – Quarterly Report – Q4FINANCIAL YEAR 202515.08.2025 – Half-yearly Report09.05.2025 – Quarterly Report – Q131.10.2025 – Quarterly Report – Q306.02.2026 – Quarterly Report – Q4This information is published pursuant to the requirements set out in theContinuing obligations.
INSTA: Instabank ASA Reports profits of 35.2 MNOK and significant growth in key segments
Instabank ASA, the Nordic challenger bank, achieved a profit before tax of 35.2MNOK in Q3-2024 and successfully accelerated growth in its most profitablesegments, mortgages and business lending. Additionally, Instabank sold aportfolio of non-performing loans in Finland that not only confirmed thevaluation of non-performing loans but also enhanced the bank’s capital ratios.Key Highlights for Q3-2024:o Profit […]
Instabank ASA – Invitation to Q3 2024 presentation
Instabank ASA will publish the interim report for Q3 2024 on Friday, November1st, 2024. The report will be presented online at 09:00 via Microsoft Teams. To register,please email perkristian.haug@instabank.no, and a link to the event will beprovided. Contact persons: Robert Berg, CEO, robert.berg@instabank.no Per Kristian Haug, CFO, perkristian.haug@instabank.no This information is subject to the disclosure […]
INSTA: Instabank ASA sells non-performing loans in Finland
Instabank has entered into an agreement to sell a significant part of the bank’snon-performing unsecured loans (NPL) in Finland, representing a gross bookedvalue of approximately 26 million euros. As a result of the transaction,Instabank’s total NPL ratio will decrease from 10.4 % to 5.9 % based on thesituation at the end of Q2-2024. The transaction […]
INSTA: Financial calendar
Financial calendar for Instabank ASAFINANCIAL YEAR 202401.11.2024 – Quarterly Report – Q306.02.2025 – Quarterly Report – Q4This information is published pursuant to the requirements set out in theContinuing obligations.
INSTA: Instabank ASA reports strong Q2 2024 results and is well positioned for future growth
Instabank ASA, the Nordic challenger bank, has announced its interim results forthe second quarter of 2024, showcasing a robust financial performance andstrategic advancements that position the bank for continued growth.Financial Highlights:o Profit before tax: 35.9 MNOK, an increase of 5.8 MNOK compared to Q2-23.o Profit after tax: 26.9 MNOK, with a return on equity of […]
Instabank ASA – Invitation to Q2 2024 presentation
Instabank ASA will publish the interim report for Q2 2024 on Thursday, August15th, 2024. The report will be presented at Instabanks’ offices in Drammensveien175 at 09:00 CET. For registration, please email perkristian.haug@instabank.no. The presentation can also be followed via Microsoft Teams. To register, pleaseemail perkristian.haug@instabank.no indicating online attendance, and a link tothe meeting will be […]