As a result of the merger between Vipps, Bank Axept and BankID Norge now formally approved, the valuation of Sparebanken Møre's ownership position in the merged company has been updated. The bank's equity position is measured in the same way as previously at fair value in the bank's balance sheet. The updated value measurement will have a profit effect of approximately NOK 10 million in the accounts for the second quarter of 2018.
Contact: Runar Sandanger +4795043660