Collector granted banking licence – changes name to Collector Bank
Gothenburg, Sweden – Collector Credit AB (”Collector”) is approved for banking licence by Financial Supervisory Authority (Finansinspektionen.) This authorization improves Collector’s opportunity to strengthen its position.Collector is a niche player in the banking and financial market that offers financing and payment solutions for private and corporate customers. The company has an unbroken profit and growth curve since 1999, with a growth rate since 2005 of over 30 percent and earnings growth of over 42 percent. Granting of the banking authorisation means that Collector further