Helgeland Sparebank Company Profile - Aug 21, 2011

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Helgeland Sparebank Company Profile - Aug 21, 2011 Powered By Docstoc
					Company Fundamentals\Company Profile

   A Wright Investors' Service Research Report:

   Helgeland Sparebank
                                                                                        440 Wheelers Farms Road
                                                                                        Milford, CT 06461 U.S.A.


  COMPANY PROFILE
  Figures in Norwegian Kroner

                                 Wright Quality Rating:DLC0                                Key Data

   Helgeland Sparebank (the Bank) is a Norway-based regional bank active in the            Ticker:
   Norwegian region of Helgeland. It is engaged in the provision of both financial and     HELG
   banking products and services to both individuals and small and medium enterprises
   (SMEs). Its offering includes such products and services as payment services, credit    2010 Sales:
   cards, saving accounts, placement services, loans, insurance, shares and
                                                                                           879,000,000
   currencies, as well as an online banking facility, the Nettbank. Helgeland Sparebank
   is also active through a number of subsidiaries, including Helgeland Boligkreditt AS,
   ANS Bankbygg Mo, AS Sparebankbygg Helgeland Sparebanks Eiendomsselskap AS               Major Industry:
   and Helgeland Utviklingsselskap AS.                                                     Financial
                             Stock Chart                                 Officers
                                                                        Chairman           Sub Industry:
                                                                      Eivind K. Lunde      Commercial Banks

                                                                     Vice Chairman         Country:
                                                                     Thore Michalsen       Norway

                                                                                           Currency:
                                                                                           Norwegian Kroner

                                                                                           Fiscal Year Ends:
                                                                                           December

                                                                                           Employees
                                                                                           176

                                                                                           Exchanges:
                                                                                           OSL

                  Stock Price (8/12/2011): 40.00                                           Share Type:
                    Recent stock performance
                                                                                           Ordinaere Aksje
                        1 Week        5.3%
                        4 Weeks      -2.4%
                        13 Weeks    -11.1%     
				
DOCUMENT INFO
Description: Helgeland Sparebank (the Bank) is a Norway-based regional bank active in the Norwegian region of Helgeland. It is engaged in the provision of both financial and banking products and services to both individuals and small and medium enterprises (SMEs). Its offering includes such products and services as payment services, credit cards, saving accounts, placement services, loans, insurance, shares and currencies, as well as an online banking facility, the Nettbank. Helgeland Sparebank is also active through a number of subsidiaries, including Helgeland Boligkreditt AS, ANS Bankbygg Mo, AS Sparebankbygg Helgeland Sparebanks Eiendomsselskap AS and Helgeland Utviklingsselskap AS.
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