Spar Nord achieved a profit after tax of DKK 263 million in Q1 2019, which corresponds to an annualised return on equity of 11.8%. The financial performance, which is not influenced by major positive one-time items as was the case in the year-earlier period, is considered highly satisfactory by the Bank’s management.Read the Q1 Report 2019
Developments in the banking market are characterized by swift digitalization, low growth and low interest rates and, above all, a wealth of new regulatory standards. Given these conditions, Spar Nord believes that in future most customers will still wish to speak with a REAL person about their financial affairs. We also believe that it calls for strong digital solutions if you want to survive and be successful. This is why Spar Nord’s ambition is to become “The Personal Bank in a Digital World”.