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Norwegian Finans Holding ASA (NOFI.OL)

NOFI.OL on Oslo Stock Exchange

67.95NOK
11 Dec 2018
Change (% chg)

kr0.95 (+1.42%)
Prev Close
kr67.00
Open
kr66.95
Day's High
kr68.15
Day's Low
kr66.35
Volume
588,098
Avg. Vol
453,634
52-wk High
kr109.80
52-wk Low
kr66.15

Latest Key Developments (Source: Significant Developments)

Norwegian Finans Holding: Proposal To Apply For Dual Listing On Main Market Of London Stock Exchange Not Approved
Monday, 26 Nov 2018 

Nov 26 (Reuters) - Norwegian Finans Holding ASA ::PROPOSAL TO APPLY FOR A DUAL LISTING OF CO'S SHARES ON MAIN MARKET OF LONDON STOCK EXCHANGE WAS NOT APPROVED.  Full Article

Axactor Acquired Largest Unsecured NPL Portfolio Since Starting Up In Q4 Of 2015
Tuesday, 30 Oct 2018 

Oct 30 (Reuters) - Axactor Se ::CURES ENTRY TO FINLAND WITH THE ACQUISITION OF A LARGE UNSECURED.ACQUIRED LARGEST UNSECURED NPL PORTFOLIO SINCE STARTING UP IN Q4 OF 2015.ACQUISITION ALONE WILL INCREASE AXACTOR'S ERC BY 15%..AXACTOR WILL ACQUIRE THIS PORTFOLIO THROUGH THEIR JOINTLY OWNED SPV WITH GEVERAN.PORTFOLIO IS ORIGINATED BY BANK NORWEGIAN IN FINLAND AND CONTAINS UNSECURED CONSUMER CLAIMS WITH A TOTAL OUTSTANDING BALANCE (OB) OF APPROXIMATELY 160 MEUR, ACROSS MORE THAN 16,000 THOUSAND CREDIT CARD AND PERSONAL LOAN ACCOUNTS.  Full Article

Norwegian Finans Request Foreign Shareholder With More Than 5 % For General Meeting To Consider Possible Secondary Listing
Wednesday, 24 Oct 2018 

Oct 24 (Reuters) - Norwegian Finans Holding ASA ::REG-NORWEGIAN FINANS HOLDING ASA : REQUEST FROM FOREIGN SHAREHOLDER WITH MORE THAN 5 % FOR AN EXTRAORDINARY GENERAL MEETING FOR CONSIDERING A POSSIBLE SECONDARY LISTING IN LONDON.NORWEGIAN FINANS HOLDING ASA SAYS BOARD OF DIRECTORS WILL GO THROUGH REQUEST IN CONSULTATION WITH ITS ADVISORS AND SAID SHAREHOLDER.  Full Article

Norwegian Finans Holding says Does Not Expect To Pay Dividend for 2018
Wednesday, 4 Jul 2018 

July 4 (Reuters) - Norwegian Finans Holding ASA ::REG-NORWEGIAN FINANS HOLDING ASA : NORWEGIAN FINANS HOLDING ASA - UPDATE ON ACQUISITION OF OWN SHARES AND DIVIDEND BASED ON INTERIM ACCOUNTS.NORWEGIAN FINANS HOLDING - NOFI DOES NOT EXPECT TO PAY DIVIDEND BASED ON INTERIM FINANCIAL ACCOUNTS FOR 2018.  Full Article

Norwegian Air: FSA reviews accounting treatment of NOFI
Monday, 23 Apr 2018 

April 23 (Reuters) - Norwegian Air Shuttle ASA ::REVIEW OF FINANCIAL REPORTING - NORWEGIAN AIR SHUTTLE ASA.PRIMARY FOCUS OF REVIEW HAS BEEN ACCOUNTING TREATMENT OF INVESTMENT IN NORWEGIAN FINANS HOLDING (NOFI).FINANSTILSYNET (FSA) IS OF THE OPINION THAT NORWEGIAN AS OF 30 JUNE 2017 AND 31 DECEMBER 2017 STILL HAD SIGNIFICANT INFLUENCE OVER NOFI, AND THAT THE INVESTMENT SHOULD THEREFORE HAVE BEEN ACCOUNTED FOR USING THE EQUITY METHOD IN ACCORDANCE WITH IAS 28.NORWEGIAN HAS TAKEN NOTE OF THIS AND RECORDED THE INVESTMENT USING THE EQUITY METHOD IN THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2017.NORWEGIAN WILL ALSO MAKE NECESSARY CORRECTIONS OF COMPARATIVE FIGURES FOR PREVIOUS ACCOUNTING PERIODS IN THE INTERIM FINANCIAL STATEMENTS FOR 2018.THE REVIEW ALSO IDENTIFIED INSUFFICIENT NOTE DISCLOSURES REGARDING CONTRACTUAL COMMITMENTS, REVENUES FROM DIFFERENT GEOGRAPHIC AREAS AND MISSING INFORMATION RELATED TO THE ALTERNATIVE PERFORMANCE MEASURES USED.THIS HAS BEEN IMPROVED IN THE ANNUAL REPORT FOR 2017.  Full Article

Norwegian Finans Holding: ‍Brumm Sells 1.3 Mln Shares In Company​
Friday, 22 Dec 2017 

Dec 22 (Reuters) - Norwegian Finans Holding Asa ::‍BRUMM AS SOLD 1,300,000 SHARES IN CO AT NOK 92.00PER SHARE UNDER TRS AGREEMENT WITH SKANDINAVISKA ENSKILDA BANKEN ​.  Full Article

Norwegian Finans Holding aims to pay first dividend during Q2 2018
Tuesday, 31 Oct 2017 

Oct 31 (Reuters) - Norwegian Finans Holding Asa :CFO told company's earnings presenation on Tuesday: Company aims to make first dividend payment in q2 2018 based on q1 2018 earnings.  Full Article

Norwegian Finans Holding Q3 profit after tax up at NOK 432.4 mln
Tuesday, 31 Oct 2017 

Oct 31 (Reuters) - NORWEGIAN FINANS HOLDING ASA :Q3 PROFIT AFTER TAX NOK 432.4 ‍​ MILLION VERSUS NOK 245.9 MILLION.Q3 NET INTEREST INCOME NOK 937.7 MILLION ‍​ VERSUS NOK 654.3 MILLION.  Full Article

Norwegian Finans Holding: Subsequent offering at NOK 76.75/share
Tuesday, 14 Feb 2017 

Norwegian Finans Holding ASA : Has resolved to conduct subsequent offering with gross proceeds of up to about 100 million Norwegian crowns .To issue up to 1.3 million new shares at 76.75 crowns per share, equal to subscription price in private placement.  Full Article

Norwegian Finans Holding: private placement fully subscribed
Tuesday, 14 Feb 2017 

Norwegian Finans Holding ASA : Successfully resolved and completed private placement with support of existing investors, raising approximately 500 million Norwegian crowns ($60 million) in gross proceeds . Private placement was significantly oversubscribed. .Board will carry out a subsequent repair offering with gross proceeds of up to 100 million crowns.  Full Article

Norway may further tighten regulation on lending to consumers -finmin

OSLO, Dec 11 Norway may further tighten its regulation of banks offering high-interest loans to consumers, Finance Minister Siv Jensen told reporters on Tuesday following a meeting with bank executives and industry lobbyists.