Norion Bank ABSTO Norion Bank Stock Report

Norion Bank AB engages in the provision of financial solutions to private and corporate customers. The company is headquartered in Goeteborg, Vastra Gotalands and currently employs 366 full-time employees. The company went IPO on 2022-08-15. The Bank's operations are comprised of the Retail and Corporate segments. The Retail segment is engaged in lending to private individuals, invoice and payments by instalments to e-commerce and retail companies, credit card services and deposits. The Corporate segment includes factoring and company credits directed mainly at small and medium-sized enterprises, property finance, debt collection on behalf of clients (assignment debt collection) and the acquisition of portfolios of over due receivables. The firm has offices in Gothenburg (head office), Stockholm, Helsinki and Oslo.