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SpareBank 1 SMN (FRA:SJI) Cash Payments for Deposits by Banks and Customers


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What is SpareBank 1 SMN Cash Payments for Deposits by Banks and Customers?

Cash Payments for Deposits by Banks and Customers only applicable to companies reporting Cash Flow from Operations in direct method.


SpareBank 1 SMN (FRA:SJI) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » SpareBank 1 SMN (FRA:SJI) » Definitions » Cash Payments for Deposits by Banks and Customers
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Address
Sondre gate 4, Trondheim, NOR, 7011
SpareBank 1 SMN is a regional bank offering retail and corporate banking services and principally operating in Norway. The bank is among the owners of the SpareBank 1 Alliance. A key element of the bank's is to maintain a variety of office solutions in municipal and administrative centers where the bank's customers are drawn. The bank is also making a push into digital banking channels via the Internet and mobile banking. The bank's credit is heavily exposed to the real estate, construction, sea farming, agriculture, fisheries, shipbuilding, offshore, and retail industries, as well as the public and energy sectors. The bank's income is split nearly evenly between net interest income and net fees and commission income.