BankNordic: Community Bank Far Away from the North Atlantic

Situation BankNordic is a community bank operating in Faroe Islands, Greenland and Denmark. It's middle of turnaround with goal to increase ROE from 6% average to 10% by 2020. New board, management and strategy has been put in place to reach the goal. If BankNordic reaches the goal by 2020 I'm expecting 15% annual returns …