YEAR-END REPORT 2017 NORDAX BANK AB

Release

Nordax Bank AB (publ) today publish the year-end report for the period January-December 2017.

January-December 2017 numbers compared with January-December 2016

  • Operating profit was 419 MSEK (442)
  • Credit losses amounted to -209 MSEK (-164) corresponding to a credit loss level of 1,6 procent (1,4)
  • Total operating expenses amounted to -440 MSEK (-444)

Nordax Bank AB (publ) is a fully owned subsidiary to Nordax Group AB (publ).

For more information, please contact

Andreas Frid, Head of Investor Relations, Nordax

Tel: +46 705 29 08 00

E-mail: ir@nordax.se

This information is information that Nordax Bank AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 07.30 CET on February 8, 2018.

NOBA Bank Group AB (publ)
Gävlegatan 22
113 30 Stockholm

Org.nr 556647-7286
Registered Office: Stockholm

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