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+).
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.
Deposits up to 950,000 SEK are covered by Swedish deposit guarantee scheme in NOBA Bank Group AB (publ).
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.
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.
NOBA Bank Group AB (publ) is headquartered in Stockholm.
NOBA Bank Group AB (publ) has profiles at the following social networks:
NOBA Bank Group AB (publ) is authorized and supervised by the Financial Supervisory Authority.