Resurs Bank acquires Danish loan portfolio from Spar Nord Bank

20 May 2026 14:00 CEST

Resurs Bank acquires a Danish loan portfolio of DKK 480 million from Spar Nord
Bank, strengthening the bank's position in the Danish market.

The acquired portfolio comprises consumer loans and sales financing loans and
relates to a portfolio from the Sparxpres brand, which has offered products
through a network of merchants in Denmark.

The outstanding volume of the acquired portfolio amounts to approximately DKK
480 million. In connection with the acquisition, new retail finance agreements
have also been entered into with selected merchants linked to the transaction.

The transaction has been carried out between Resurs Bank AB and Spar Nord Bank
A/S and strengthens Resurs Bank's position in the Danish market, representing
a step in the bank's continued growth within retail finance in Denmark.

-- The acquisition of the Sparxpres portfolio, together with the new
agreements with retail finance merchants, further strengthens our leading
position within retail finance in Denmark and reinforces our long-term
ambition to support both Danish and Nordic merchants. We now welcome all
Sparxpres customers to Resurs, says Magnus Fredin, CEO of Resurs Bank.

-- In connection with Spar Nord's merger with Nykredit, we have made a
strategic decision to divest parts of the Sparxpres portfolio. A key priority
has been to ensure a responsible transfer to an established player that can
provide continuity for both merchants and customers. We are confident that
Resurs Bank is well positioned to further develop the business and manage
these relationships in a professional manner, says Martin Kudsk Rasmussen,
Group Managing Director, Banking, Nykredit A/S.

Sparxpres private customers were migrated to Resurs Bank on 18 May, and Resurs
Bank will now assume responsibility for the continued customer relationship.

The completion of the acquisition has no material impact on Resurs' earnings
or financial position but is expected to contribute positively to Resurs'
profitability from the outset.

More information: Måns Renntun, Head of Communications,
mans.renntun@resurs.se, +46 709 849620

ABOUT RESURS
Flexible payments and finances, made easy. At Resurs Bank, we make it easier
for individuals and businesses across the Nordics to realize their ambitions
-- every day. For nearly 50 years, we've been a trusted financial partner,
creating long-term value for our customers, our partners, and the communities
we proudly serve and are a part of. Today, we have a customer base of
approximately 6 million customers and 759 employees in the Nordic region.

More information:
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