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Financial Information


The financial year in Folkefinans AS follows the calendar year. Folkefinans prepares the accounts in accordance with IFRS and reports externally on a yearly basis. The board shall adopt the annual accounts within 31 March each year. The Annual General Meeting shall thereafter approve the annual accounts.

Folkefinans AS annual accounts are registered in the Norwegian Register of Company Accounts.

Annual Reports

Folkefinans AS Annual Report 2017

Folkefinans AS Annual Report 2016

Folkefinans AS Annual Report 2015

Folkia AS Annual Report 2014

Folkia AS Annual Report 2013

Folkia AS Annual Report 2012

Folkia AS Annual Report 2011

Folkia AS Annual Report 2010

Folkia AS Annual Report 2009

Folkia AS Annual Report 2008

Quarterly Reports

Folkefinans AS Quarterly Report Q1 - 2018

Folkefinans AS Quarterly Report Q3 - 2017

Folkefinans AS Quarterly Report Q2 - 2017

Folkefinans AS Quarterly Report Q1 - 2017

Folkefinans AS Quarterly Report Q3 - 2016

Folkefinans AS Quarterly Report Q2 - 2016

Folkefinans AS Quarterly Report Q1 - 2016

Folkefinans AS Quarterly Report Q3 - 2015

Folkefinans AS Quarterly Report Q2 - 2015

Folkia AS Quarterly Report Q1 - 2015

Folkia AS Quarterly Report Q3 - 2014

Folkia AS Quarterly Report Q2 - 2014

Folkia AS Quarterly Report Q1 - 2014

Folkia AS Quarterly Report Q3 - 2013

Folkia AS Quarterly Report Q2 - 2013

Folkia AS Quarterly Report Q1 - 2013

Folkia AS Quarterly Report Q3 - 2012

Folkia AS Quarterly Report Q2 - 2012

Folkia AS Quarterly Report Q1 - 2012

Audit & Risk Committee


The Audit & Risk Committee is a subcommittee of the board of Folkefinans AS and shall act as a preparatory body for the Board and support the Board in carrying out its responsibility for the financial reporting, auditing, internal control and overall risk management.

The Committee shall ensure that Folkefinans acts in the appropriate and proper manner in accordance with applicable law and regulations, Articles of Association and the Financial Supervisory Authority of Norway's rules.

The Committee shall ensure that the business of the entire group is run in an appropriate and proper manner, including collaboration and regular contact with the Audit Committees of other group companies (if any), and ensure that the bank's Board of Directors and Chief Executive (CEO) exercise sufficient supervision and control of its branches (and subsidiary companies as the case may be).

The committee is responsible to the full board in Folkefinans AS.

For further information about the Committee, please contact Kalle Pykälä kp@folkefinans.com.

Shareholder Structure


The Folkefinans group is structured with a Norwegian limited liability parent company Folkefinans AS and separate branches for each country.

The Company currently has 62 shareholders with the top 10 shareholders holding approximately 65% of the Company.

At present, no single shareholder has a holding greater than 10%. Exemption from the 10% ownership restriction may be requested from the Financial Supervisory Authority of Norway.