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OLYMPIC FINANCIAL ANNOUNCES INITIAL PUBLIC OFFERING OF STOCK

 OLYMPIC FINANCIAL ANNOUNCES INITIAL PUBLIC OFFERING OF STOCK
 MINNEAPOLIS, Jan. 30 -- Olympic Financial Ltd. (NASDAQ: OLYM) announced today that its registration statement has become effective and an initial public offering of 1,600,000 shares of common stock at $3 per share is being made through underwriters led by John G. Kinnard & Co., Inc.
 Olympic Financial Ltd., based in Minneapolis, sells and services retail automobile installment loans originated from a network of auto dealers.
 The common stock of Olympic Financial will be listed on NASDAQ under the symbol OLYM.
 -0- 01/30/92
 /CONTACT: Curt Swenson of Swenson Falker Eilertsen Inc, 612-371-0000, or Jeffrey Mack of Olympic Financial Ltd., 612-942-9880/
 (OLYM) CO: Olympic Financial Ltd. ST: Minnesota IN: FIN SU: OFR


KH -- MN009 -- 5423 01/30/92 16:16 EST
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Publication:PR Newswire
Date:Jan 30, 1992
Words:130
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