Nordax Bank AB publishes the annual report and the sustainability report for 2022

26 Apr 2023 07:30 CEST

The reports are available at

https://www.nordaxgroup.com/investors/financial-reports/

For further information, please contact:

Patrick McArthur, CFO, Nordax

Tel: +46 760 32 69 70

Email: ir@nordax.se

About Nordax

Nordax Bank is a leading specialist bank in Northern Europe with strong owners
in the form of Nordic Capital Fund IX, Nordic Capital Fund VIII and Sampo. We
currently have around 2 million private customers, of which just under 1.2
million are credit card customers, in the Nordic countries, Spain, Germany and
the Netherlands. We are a specialist bank that through responsible lending helps
people make informed decisions for a life they can afford. We are a flexible
complement to the major banks. Instead of quantity, we have specialised in a few
selected products that we know best: personal loans, mortgages, equity release
mortgages, credit cards and savings accounts. In November 2021, Nordax Bank
acquired Bank Norwegian ASA, which brought not only a large number of customers
to the Group but also complementary strengths in product expertise, digital
distribution and geographical presence. Since 2019, Svensk Hypotekspension,
which is a specialist in equity release products, is a wholly owned subsidiary
of Nordax Bank. The Group has just under 600 employees, with offices in
Stockholm, Malmö, Gothenburg and Fornebu, Oslo. The credit assessment process is
one of Nordax's core competences. It is thorough, sound and data driven.
Nordax's customers are financially stable. As at 31 December 2022, lending to
the public amounted to SEK 88.8 billion and deposits to SEK 77.1 billion.

Read more about Nordax at http://www.nordaxgroup.com

This information is information that Nordax Bank AB (publ) is obliged to make
public pursuant to the Swedish Securities Markets Act and the Norwegian
Securities Trading Act section 5-12. The information was submitted for
publication through the contact person set out above at 07.30 a.m. CEST on 26
April 2023.

More information:
Access the news on Oslo Bors NewsWeb site

588514_Nordax_Bank_arsredovisning_ENG_2022_FINAL_inkl_rev_berattelse.pdf