Nordax Annual Report and Sustainability Report has been published
The reports are available at
For further information, please contact:
Patrick McArthur, CFO, Nordax
Tel: +46 760 32 69 70
About Nordax Bank
Nordax Bank is a leading specialist bank in Northern Europe owned by Nordic Capital Fund VIII and Sampo. The client base today consists of 195.000 private clients in Sweden, Norway, Finland and Germany. We are a specialist bank who through responsible lending help people make informed decisions for a life they can afford. We are a flexible complement to the major banks. Instead of quantity we have specialized in a few selected products like private loans, mortgages, equity release products and savings accounts. Since 2019 Svensk Hypotekspension, which are specialists in equity release products, is a fully owned subsidiary to Nordax Bank. Nordax has about 200 employees where almost all employees work from one central office in Stockholm. The credit assessment process is one of Nordax core competencies. It is thorough, sound and data driven. Nordax customers are financially stable individuals. As of 31 December 2019, the lending to the public amounted to 25.3 bn SEK and deposits from the public amounted to 19.2 bn SEK. Read more about Nordax on www.nordaxgroup.com.
This information is information that Nordax Bank AB is obliged to make public pursuant to the Securities Markets Act. The information was submitted for publication at 14.30 CET on April 28 2020.