Nordax clears minimum acceptance to acquire Bank Norwegian
Regulatory approval is largest remaining hurdle.
Financial
Nordic banking assessments raised on reduced COVID threat
Earnings and asset quality remain robust as output and employment recover.
NCR comments: Sörmlands Sparbank H1 2021 report
Business volumes up sharply ahead of planned structural changes.
Nordic niche banks show improvement despite margin pressure
Niche banks show signs of moving on from the pandemic.
NCR comments: Sparbanken Västra Mälardalen Q2 2021 report
Increased commission income and net reversals boost quarterly earnings.
NCR comments: SpareBank 1 Østfold Akershus Q2 2021 report
Extraordinary NOK18m item boosts quarterly earnings.
Nordax Bank moves forward with acquisition of Bank Norwegian
Transaction more likely after board approval.
NOBA Bank Group AB (publ)
NOBA Bank Group AB (publ) is a niche bank that specialises in consumer loans and credit cards in the Nordic region, Germany and Spain, non-standard mortgage loans in Sweden and Norway, and equity-release mortgages in Sweden.
Swedish savings banks get dividend boost after solid 2020
Swedbank dividends support capital and growth objectives.
Nordic niche banks' first quarter reports show mixed results
Stable loss provisions, but tighter margins and low consumer loan growth.