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    NOFI   NO0011002511

BANK NORWEGIAN ASA

(NOFI)
End-of-day quote Oslo Bors  -  11-02
104.60 NOK   -0.10%
05/19CORRECTION : Tap issue in NOK senior unsecured bond
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05/19Buyback of bonds
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05/13Bank Norwegian ASA, a subsidiary within the Nordax Bank Group, publishes its interim report for January-March 2022
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Bank Norwegian : sells a Norwegian portfolio of defaulted credit cards and installment loans

09/13/2021 | 04:28am EDT

Bank Norwegian has entered into an agreement with the PRA Group to sell a Norwegian portfolio of defaulted credit cards and installment loans with outstanding customer claims totaling approximately NOK 3.0 billion. The sale will reduce gross loans in stage 3 with approximately NOK 1.7 billion. The transaction will be finalized and settled in September 2021 and is expected to yield a positive earnings impact in Q3 2021.


For any questions please call:

Interim CEO Klara Lise Aasen; phone +47 47635583; kaa@banknorwegian.no

Head of Treasury Mats Benserud; phone +47 95891539; mbe@banknorwegian.no


This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act


© OMX, source GlobeNewswire - EU Press Releases

All news about BANK NORWEGIAN ASA
05/19CORRECTION : Tap issue in NOK senior unsecured bond
AQ
05/19Buyback of bonds
AQ
05/13Bank Norwegian ASA, a subsidiary within the Nordax Bank Group, publishes its interim re..
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05/13Interim report for the first quarter 2022
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05/13Bank Norwegian Asa Reports Earnings Results for the First Quarter Ended March 31, 2022
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04/28Nordax Bank AB (publ) publishes the annual report and the sustainability report for 202..
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04/27Bank Norwegian ASA, a subsidiary within the Nordax Bank Group, publishes its sustainabi..
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03/30Bank Norwegian ASA, a subsidiary within the Nordax Bank Group, publishes its annual rep..
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03/30Annual report and Pillar 3 report for 2021
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03/29Bank Norwegian Asa Reports Earnings Results for the Full Year Ended December 31, 2021
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Managers and Directors
Klara-Lise Aasen President, Chief Executive & Financial Officer
Hans Torsten Georg Larsson Chairman
Karstein Holen Chief Information Officer
Tore Andresen Chief Operating Officer
Frode Bergland Bj°rnstad Chief Legal & Compliance Officer