Norion Bank AB (publ)

Norion Bank AB (publ) is a business-oriented Nordic financing bank specializing in customized solutions for medium-sized corporates, real estate companies, merchants, and private individuals. Founded in 1999 as Collector Bank and rebranded in 2023, it operates through brands including Norion Bank for corporate and real estate loans plus factoring, Walley for flexible payment and checkout solutions, and Collector for personal loans, credit cards, and savings accounts. With offices in Gothenburg, Stockholm, Helsingborg, Oslo, and Helsinki, the bank focuses on the Nordic region, including Germany for real estate lending, managing a loan portfolio exceeding SEK 49 billion primarily in corporate, real estate, consumer, and payments segments. Norion Bank AB (publ) complements traditional large banks by targeting underserved niches with higher-margin financing, maintaining strong capital ratios like a CET1 of around 16% and a loan-to-deposit ratio near 89%. Its robust balance sheet, featuring total assets over SEK 69 billion and equity near SEK 9.7 billion, underscores its role as a key alternative lender in the regional financial market.