Nordax Holding AB publishes the annual report and the sustainability report for 2022

The reports are available at

https://www.nordaxgroup.com/investors/financial-reports/

For further information, please contact:

Patrick McArthur, CFO, Nordax

Tel: +46 760 32 69 70

Email: ir@nordax.se

About Nordax Holding

Nordax Holding is a holding company that owns Nordax Bank through Nordax Group. Nordax Bank is a leading specialist bank in Northern Europe with strong owners in the form of Nordic Capital Fund IX, Nordic Capital Fund VIII and Sampo. We currently have around 2 million private customers, of which just under 1.2 million are credit card customers, in the Nordic countries, Spain, Germany and the Netherlands. We are a specialist bank that through responsible lending helps people make informed decisions for a life they can afford. We are a flexible complement to the major banks. Instead of quantity, we have specialised in a few selected products that we know best: personal loans, mortgages, equity release mortgages, credit cards and savings accounts. In November 2021, Nordax Bank acquired Bank Norwegian ASA, which brought not only a large number of customers to the Group but also complementary strengths in product expertise, digital distribution and geographical presence. Since 2019, Svensk Hypotekspension, which is a specialist in equity release products,s a wholly owned subsidiary of Nordax Bank. The Group has just under 600 employees, with offices in Stockholm, Malmö, Gothenburg and Fornebu, Oslo. The credit assessment process is one of Nordax’s core competences. It is thorough, sound and data driven. Nordax’s customers are financially stable. As at 31 December 2022, lending to the public amounted to SEK 89.4 billion and deposits to SEK 77.1 billion. 

Read more about Nordax at http://www.nordaxgroup.com

This information was submitted for publication through the contact person set out above at 07.30 a.m. CEST on 26 April 2023.