Quarterly Report January-September 2019 Nordax Bank AB
Highlights January-September 2019 · Strong development of new lending within private loans, mortgages as well as equity release mortgages. · Lending growth was 23% as per the third quarter of 2019 and total lending amounted to 23.8 billion SEK. · Mortgage marketing campaigns in Sweden and Norway in the third quarter (Q3) · Issue of senior unsecured bond as a part of MTN-program (Q3) · Nordax opened up for mortgage applications in Norway through the web (Q2) · First paid out mortgage in Norway (Q2) · Decided to stop new lending for private loans in Germany to focus on