Nordax Group AB’s (publ) annual report for 2015 has been published on www.nordaxgroup.com.
For more information, please contact
Andreas Frid, Head of Investor Relations, Nordax
Tel: +46 705 29 08 00
E-mail: ir@nordax.se
About Nordax
Nordax is a leading niche bank in the Nordic region providing personal loans and deposit accounts to more than 100,000 customers in Sweden, Norway, Finland, Denmark and Germany. Nordax employs about 200 people, all working in its office in Stockholm. Nordax was founded by six entrepreneurs with extensive risk management experience. The underwriting process is Nordax’s core competency; it is thorough, sound and data driven. Nordax’s customers are financially stable individuals. The typical customer is 49 years old and has an income above the national average. As of December 31, 2015 lending to the general public amounted to SEK 10.8 billion and deposits amounted to SEK 6.0 billion. Nordax has been supervised by the Swedish Financial Supervisory Authority since 2004 and deposits are covered by the Swedish deposit guarantee scheme. Read more on www.nordaxgroup.com. For more information about Nordax’s customer offerings, read more on each country’s web site: www.nordax.se,www.nordax.no,www.nordax.fi andwww.nordax.de
Nordax Group AB (publ) announces this information in accordance with the Securities Market Act and/or the Act on Trading in Financial Instruments and/or the Nasdaq Stockholm Rule Book. This information was submitted for announcement on 06 April 2016 at 11.00am CET.