(Obi.no:) When Bjørn Maaseide and general manager Svein Ivar Førland gave a presentation of the new banksatsingen, Power Bank, to investors in January last year, was the stated objective is to reach a utlånsvolum at 138 million by the end of 2018.
It soon became clear that this goal was too modest, and already in October, this was passed.
the Report for the fourth quarter, which was published on Thursday, shows that the total utlånsvolumet by the end of the year was nok 362 million.
the Goal for 2019 was previously to reach 633 million in loans, but now this is jacked up.
the Bank expects continued good demand of customers. New goal for utlånsvolum per year-end 2019 is in excess of 900 million, it is stated in the interim report.
to be able to meet the strong demand, the bank had to open for deposits from customers in november - five months earlier than planned, and the bank writes in the recent report that the deposit with time will become the main source of funding.
By årsskfitet, the bank had received deposits in the total of 173 million.
Fourth quarter ended with a loss of 2.7 million, but already in the course of the first half of this year is expected to profit.
Large refinancing requirements over
the business model of to Force the Bank to offer refinancing of loans secured on dwellings and unsecured loans to persons who, because of the challenging economy and the payment problems do not get refinanced in the ordinary banks.
the Demand for such services has proven to be great.
- We have long believed that the large increase in consumer loans among the norwegians would increase the need for refinancing at customers experiencing financial challenges. But this is going faster than we expected, " said adm.dir. Svein Ivar Førland in the Power Bank to the Obi.now in December.
There are many people, however, the bank did not have the opportunity to help, according to the former commander in Sandnes Sparebank.
- Of the enquiries we receive, we can help approximately. one of the ten customers, he said.Other financial news:
- supports renteheving from Norges Bank