NOBA BANK GROUP AB (PUBL) PUBLISHES THE ANNUAL REPORT AND THE SUSTAINABILITY REPORT FOR 2023

The reports are available at:

https://www.noba.bank/investors

-2023 has been a year characterized by geopolitical uncertainty, high inflation and correspondingly swift interest rate hikes. This has put household economy and adaptability under tough, and new, challenges even though our stable customer base has shown a solid resilience. With a broad product offering in different geographical markets, paired with more than 20 years of experience in leading credit assessments and responsible lending, we have continued to gain market shares. NOBA is today the obvious market leader among specialist banks in the Nordic region, with approximately two million customers and a unique position from a European perspective. The year we are now putting behind us has strengthened my conviction that the market for specialized offerings that cater for people’s unique needs will continue to grow, both in terms of size and relevance, says Jacob Lundblad, CEO at NOBA.

For more information, please contact:
 

Patrick MacArthur, CFO

E-post: ir@noba.bank

Oliver Hofmann, Head of Communications & ESG

E-post: press@noba.bank

About NOBA Bank Group

With a diversified offering through three brands, Nordax Bank, Bank Norwegian and Svensk Hypotekspension and 2 million consumers, we have the size, skill, and scale to enable healthier finances for more. NOBA collects specialized, customer centric financial offerings that is sustainable for the individual, the bank and the society at large, today and tomorrow. NOBA Bank Group AB (publ) (“NOBA”) is owned by Nordic Capital Fund IX, Nordic Capital Fund VIII and Sampo. Today the NOBA group has approximately 630 employees and is active in 7 markets.

As of 31 December 2023, lending to the public amounted to SEK 110.1 billion and deposits to SEK 96.8 billion.

Read more about NOBA and our brands at www.noba.bank.

This information is information that NOBA Bank Group AB (publ) is obliged to make public pursuant to the Swedish Securities Markets Act and the Norwegian Securities Trading Act section 5-12. The information was submitted for publication through the contact persons set out above at 07.30 a.m. CEST on 26 April 2024.