Financial

Green finance product seeks to offset weak member demand for market finance.

• Read more about NCR comments: Kredittforeningen for Sparebanker Q1 2021 report

High volumes of transferred loans should improve future core earnings.

• Read more about NCR comments: Sparbanken Rekarne AB (publ) Q1 2021 report

Competitive pressure weighs on otherwise strong quarter.

• Read more about NCR comments: SpareBank 1 Østfold Akershus Q1 2021 report

Easing of dividend restrictions lifts pre-provision earnings.

• Read more about NCR comments: Sparbanken Västra Mälardalen Q1 2021 report

Stiff competition constrains net interest income.

• Read more about NCR comments: Varbergs Sparbank AB (publ) Q1 2021 report

Solid quarterly performance driven by increased corporate lending and factoring.

• Read more about NCR comments: Collector Bank AB (publ) Q1 2021 report

Swedish and Finnish markets drive loan growth in bank's Consumer Lending division.

• Read more about NCR comments: Resurs Bank AB (publ) Q1 2021 report

• Read more about Norion Bank AB (publ)

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.

Loan to value levels declined and the share of fixed interest rates increased during the second half of 2020.

• Read more about Danske Hypotek AB (publ) cover pool overview Q4 2020

Loan loss provisions appear to have peaked, but customer defaults could increase.

• Read more about Nordic niche banks enter 2021 unscathed