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Norion Bank AB (publ)

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Submitted by patrik.lindgren on Tue, 03/16/2021 - 07:03
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Norion Bank is a niche lender that provides financing solutions to retail and corporate customers. It obtained its banking licence in 2015. Norion Bank's main owner since 2011 has been property developer Erik Selin (including affiliated companies). The bank's main geographic markets are Sweden, Finland and Norway. Norion Bank offers lending to SMEs and consumers. The business is organised into four divisions: Private, Payments, Corporate, and Real Estate.

Nordic property managers face green crossroads

Regional frameworks likely to remain in place as EU screening criteria take shape. esg
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Nordic property values skewed by COVID-19

Retail and hotels take the biggest hit amid gains in residential and logistics. covid-19
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Nordic niche banks enter 2021 unscathed

Loan loss provisions appear to have peaked, but customer defaults could increase.
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Stendörren Fastigheter AB (publ)

Submitted by analyticalplatform on Mon, 01/18/2021 - 07:44
  • Read more about Stendörren Fastigheter AB (publ)

Stendörren is a commercial real estate company focusing on properties near central Stockholm and other urban centres in Sweden's Mälardalen region. The company was created when real estate management company Kvalitena AB's warehouse, logistics and light industry property portfolio was organised as a stand-alone company in 2014. Stendörren has two share classes, A and B, with the latter listed on the Nasdaq Stockholm exchange since 2014. Since November 2018, private equity company EQT AB (publ) (EQT) has indirectly controlled 41% of the shares and 58% of the votes in Stendörren.

ECB guidance dampens prospects for Nordic bank dividends

Permissible payments in 2021 likely to be well below 2019 levels.
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Significant risks remain for Nordic niche banks

Losses on the rise, but earnings and support packages provide buffers. 2021-outlook covid-19
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NP3 Fastigheter AB (publ)

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Submitted by patrik.lindgren on Fri, 11/27/2020 - 08:36
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The rating was withdrawn on 17 Dec. 2024.

Sörmlands Sparbank AB (publ)

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Submitted by patrik.lindgren on Mon, 11/02/2020 - 07:16
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Sörmlands Sparbank was founded in 1832 as Nyköpings Sparbank and took its current form via a 1991 merger and the 1998 acquisition of five local bank offices as part of the creation of Föreningssparbanken (now Swedbank AB). Operating from Katrineholm in Södermanland county, it extends its services to Nyköping, Flen, Vingåker, and Oxelösund. These communities have a total of about 130,000 inhabitants.

Nordic non-performing loans set to accumulate if COVID-19 continues unabated

Niche banks offering unsecured consumer loans likely to bear the brunt. covid-19
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