Overview
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Description
NOBA Bank Group AB (publ) is a leading European specialist bank group headquartered in Stockholm, Sweden, founded in 2003. It operates through prominent brands including Nordax Bank, Bank Norwegian, Svensk Hypotekspension, and DBT, delivering tailored financial products such as private loans, credit cards, specialist mortgages, equity release mortgages, cross-border lending, and deposits to over two million retail and SME customers. The bank serves markets across Sweden, Norway, Finland, Denmark, Germany, Spain, Ireland, and the Netherlands, emphasizing financial inclusion, responsible lending, and digital customer experiences. With approximately 650-724 employees, NOBA focuses on consumer credit, savings, and non-standard mortgages, generating revenues around EUR 810 million in 2024. Previously known as Nordax Bank AB (publ), it rebranded in June 2023 and is owned by Nordic Capital Funds VIII & IX and Sampo. As a diversified player in the financial services sector, NOBA complements major banks by providing innovative, sustainable solutions that promote healthier finances for individuals and society.
About
CEO
Mr. Ahmed Khaled El-Hoshy
Employees
681
Address
Gävlegatan 22
11 Bermudiana Road
Stockholm, 113 30, MI
Sweden
11 Bermudiana Road
Stockholm, 113 30, MI
Sweden
Phone
46 8 50 88 08 00
Website
Instrument type
Common stock
Sector
Financial Services
Industry
Banks - Diversified
Country
Germany
MIC code
XSTU