Bluestep Bank divests its personal loan portfolio to Svea Ekonomi
Bluestep Bank AB has entered into an agreement with Svea Ekonomi to divest its portfolio of unsecured personal loansIn the beginning of February 2020 Bluestep Bank decided to stop offering personal loans in order to entirely focus the strategic direction on mortgage products. The personal loan portfolio has since then been in run-off. Currently the personal loans represent 5% of Bluestep’s loan portfolio. The remaining 95% is mortgages. Discussions about potential divestment were initiated during the fall and interest for the portfolio has been strong.“It feels reassuring that the