– The Norwegian bank can generate a dividend



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(Finansavisen 🙂 Thursday, the board of directors of Norwegian Finans Holding, which is the owner of Bank Norwegian, has discouraged shareholders from voting for the proposal of the Fortelus store owner to be listed in London, in more than Oslo Børs.

The Extraordinary General Assembly will decide at the end of November whether the bank's headquarters will be transferred out of Norway.

According to Ulrik Årdal Zürcher, an analyst at Danske Bank, this is a good suggestion, which the bank should nevertheless take into account:

"The Norwegian bank must have the same conditions as its competitors, and they do not have one today," he told Finansavisen.

What are they aiming for? Norwegian capital requirements. If the Norwegian bank receives the same conditions as the general bank Ressurs Bank, billions of values ​​will be released, says the analyst.

Can release 2 billion.

– If Bank Norwegian could take over Ressurs Bank's capital objective overnight, the base capital could have been reduced from 6.3 billion to 4.3 billion. If these two billion had been distributed, it would be NOK 10.80 per share. to share, he says.

The strict Norwegian capital requirements imposed by the Danish Financial Supervisory Authority aim to prepare banks for the poorest periods. But Årdal Zürcher points out to the paper that these stringent requirements may, paradoxically, lead to increased risk for banks.

– No comment

Financial director PÃ¥l Svenkerud of the Norwegian bank, according to Finansavisen, does not want to comment on Thursday's proposal to move the seat.

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