Stockholm, Sweden, 7th of June 2023: Nordax Holding AB (publ) is changing its company name to NOBA Holding AB (publ) (“NOBA Holding” or the “Company”), which was registered today with the Swedish Companies Registration Office (Sw. Bolagsverket).

In connection with this, the group companies Nordax Bank AB (publ) and Nordax Group AB have also changed their company names to NOBA Bank Group AB (publ) (“NOBA Bank Group”) and NOBA Group AB (publ), respectively, and the name of NOBA Bank Group’s Norwegian branch will be changed to “Bank Norwegian, en filial av NOBA Bank Group AB (publ)”.

With this, all three existing brands, Bank Norwegian, Nordax Bank and Svensk Hypotekspension, are gathered under the group name NOBA. The brands, including Nordax Bank, will, as before, continue to operate separately and the customers are not affected by the change of group name.

Jacob Lundblad, CEO, comments:
“We are doing this name change to further emphasize that we are one group of vertical financial offerings with one common mission - to enable healthy finances for more people. We call this powerful combination of skill, scale and diverse offerings for aggregated verticals. We strongly believe that grouping vertical offerings is not only required to meet a wider target audience today, but also necessary to meet their needs tomorrow. As a group with several brands, we are also able to create economies of skills and scale. This results in fine-tuned financial offerings, tailored to various needs and expectations. I am really looking forward to our continued growth journey.”

NOBA Holding has requested to use the ticker "NOBAHLD" on Nasdaq Stockholm and the Company’s listed bonds are expected to be traded under the new name on or about 9th of June 2023. The ISIN codes of the Company's bonds will remain the same, but the instrument tickers are expected to be changed in accordance with the below.

Nasdaq Stockholm

ISIN NO0011134462 – ticker NOBAHLD AT1 (previously NDXHLD AT1); and

ISIN NO0011134470 – ticker NOBAHLD T2 (previously NDXHLD T2).

Investor information about the Company and the NOBA group is available at www.noba.bank.


For further information, please contact:
Mats Benserud, Group Head of Investor Relations
ir@noba.bank
+47 95 89 15 39

Oliver Hofmann, Head of Communication & ESG
press@noba.bank

About NOBA Holding

With a diversified offering through three brands, Nordax Bank, Bank Norwegian and Svensk Hypotekspension and 2 million consumers, we have the size, skill, and scale to enable healthier finances for more. NOBA collects specialized, customer centric financial offerings that is sustainable for the individual, the bank and the society at large, today and tomorrow. NOBA Holding AB (publ) (“NOBA”) is owned by Nordic Capital Fund IX, Nordic Capital Fund VIII and Sampo. Today the NOBA group has approximately 650 employees and are active in 7 markets.

As of 31 March 2023, lending to the public amounted to SEK 93.7 billion and deposits to SEK 80.1 billion. Read more about NOBA and our brands at www.noba.bank

This information was submitted for publication through the contact persons set out above at 3:30 p.m. CEST on 7 June 2023.