YEAR-END REPORT 2019 JANUARY-DECEMBER NORDAX BANK AB
Highlights January-December 2019 · Strong development of new lending within private loans, mortgages as well as equity release mortgages. · Lending growth was 23% as per the fourth quarter of 2019 and total lending amounted to 23.8 billion SEK. · In December 9% of the Swedish mortgage challenger Stabelo was acquired. · Issue of senior unsecured bond as a part of MTN-program (Q3), a further tap on the issue was completed in October · Nordax opened up for mortgage applications in Norway through the web (Q2) · First paid out mortgage in Norway (Q2) · Decided to stop new