NOBA Bank Group AB (publ)

Anna Mileiko Created by Anna Mileiko

NOBA Bank Group AB (publ) Logo

Address

Gävlegatan 22, 113 30, Stockholm, Sweden

BIC

NOFBSESSXXX

Overview

Category

Commercial banks

Business Focus

deposits and loans

Established in 2003 in Sweden, Nordax Bank is a specialist bank, focused on offering competitive deposits and lending to private customers in Sweden, Norway, Denmark, Finland and Germany. Nordax Bank provides selected reatila banking products, namely savings and time deposit accounts, consumer and mortgage loans and loans to senior individuals (60+).

Performance

In 2023, NOBA Bank Group AB (publ) achieved the position of 8th largest bank in Sweden with a market share of 0.82%; its total assets grew by 16.10%.

Additionally, the bank became the 20th bank in relation to its loans-to-deposits (L/D) showcasing 103.84% L/D ratio in 2023.

Deposit Protection

Deposits up to 950,000 SEK are covered by Swedish deposit guarantee scheme in NOBA Bank Group AB (publ).

Services

retail banking

Clients

private individuals

Area Served

SESweden
NONorway
FIFinland
DKDenmark
DEGermany

Products

International Transfers

SWIFT Transfers
SEPA Credit Transfers
SEPA Instant Transfers
SEPA Direct Debits
SEPA Direct Debits B2B

See Also

Ways to Bank

NOBA Bank Group AB (publ) delivers its products and services through both direct and indirect channels, namely:
branch branch
online banking online banking

Financials

Total Assets of NOBA Bank Group AB (publ)
Market Share of NOBA Bank Group AB (publ)
Total Assets (2023)
129.46 bln SEK   (+16.10%)
Number of Employees (2023)
496   (+1.64%)

NOBA Bank Group AB (publ) ranks as the 8th largest bank in Sweden by total assets. In 2023 its total assets were 129.46 bln SEK, representing a 0.82% market share. As of 2023, the bank employed 496 people.

Deposit Guarantee

Protected Amount
up to 950,000 SEK
Guarantee Fund
Swedish National Debt Office (SNDO)Swedish National Debt Office (SNDO)
Covered Accounts
deposits in all types of accounts
Eligible Depositors
private individuals
legal entities

NOBA Bank Group AB (publ) protects deposits up to up to 950,000 SEK per depositor through Sweden's deposit guarantee scheme. The scheme applies to deposits in all types of accounts made by private individuals, legal entities. The bank participates in the Swedish National Debt Office (SNDO), making regular contributions into it.

See Also

Contacts

addressGävlegatan 22, 113 30, Stockholm, Sweden
po boxBox 23124
phone08-508 808 00

NOBA Bank Group AB (publ) is headquartered in Stockholm.

Social Networks

NOBA Bank Group AB (publ) has profiles at the following social networks:

Bank Identifiers

BIC (SWIFT)
NOFBSESSXXX
LEI
21380057HUGFEAF25W84
Company Number
556647-7286
MFI ID
SE5566477286

Bank Supervision

Supervised By
Financial Supervisory Authority

NOBA Bank Group AB (publ) is authorized and supervised by the Financial Supervisory Authority.

Bank History

Previous Name
Nordax Finans AB
Flag of Sweden

Sweden Banking Insights and Helpful Posts

TheBanks.eu Values Your Privacy

We use cookies to provide you with an excellent user experience. By clicking “Accept All”, you consent to our use of cookies.

Customize Cookies

We use cookies to ensure an excellent user experience and provide personalized information. Below you will find a detailed description of all the types of cookies we use.

Necessary Cookies

Required for essential site functions, such as secure system log-in or setting your preference parameters. Necessary cookies do not store any personal data.

Analytical Cookies

Required for site usage statistics, allow the analysis of indicators such as the number of visits, traffic sources, etc.

Advertising Cookies

Required to provide personalized advertising based on visited pages and analyze ad campaign efficiency.