Nordax Annual Report and Sustainability Report has been published
Nordax Annual Report which includes the Sustainability Report and the Risk- and Capital Adequacy Report are now available on Nordax website.
The reports are available at https://www.nordaxgroup.com/en/investors/financial-reports/
For further information, please contact:
Andreas Frid, Head of Marketing & Communication, tel: +46 705 29 08 00 or email@example.com
About Nordax Bank
Nordax Bank is a leading specialistbank in Northern Europe owned by Nordic Capital Fund VIII and Sampo. The client base today consists of 185.000 private clients in Sweden, Norway, Finland and Germany. We are a specialistbank who through responsible lending help 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 like private loans, mortgages, equity release products and savings accounts. Since 2019 Svensk Hypotekspension, which are specialists in equity release products, is a fully-owned susbsidiary to Nordax Bank. Nordax has about 200 employees where almost all employees works from one central office in Stockholm. The credit assessment process is one of Nordax core competencies. It is thorough, sound and datadriven. Nordax customers are financially stable individuals. As of 31 December 2018 the lending to the public amounted to 15.1 bn SEK and deposits from the public amounted to 11.3 bn SEK. Read more about Nordax on www.nordaxgroup.com
This information is information that [company] is obliged to make public pursuant to the Securities Markets Act. The information was submitted for publication at 14.30 CET on April 11 2019.