Required regulatory approvals to complete the merger between Nordax Bank AB (publ) and Bank Norwegian ASA have been obtained
As previously announced, Nordax Bank AB (publ) (“Nordax”) and Bank Norwegian ASA (“Bank Norwegian”) are in the process of implementing an intragroup merger between the companies. Nordax hereby announces that the Norwegian Financial Supervisory Authority (the “NFSA”) and the Swedish Financial Supervisory Authority (the “SFSA”) have approved the merger between Nordax and Bank Norwegian. All necessary regulatory approvals to complete the merger have accordingly been obtained. The merger is expected to be completed during Q1 2023 at the latest. The merger will be implemented with Nordax as