Brief: Morrow Bank Submitted Application For Swedish Banking License

Morrow Bank ASA

31/10/2024 06:13

Oct 31 (Reuters) - Morrow Bank ASA  MOBAM.OL :
    * SUBMITTED APPLICATION FOR SWEDISH BANKING LICENSE
    * RATIONALE BEHIND INITIATING PROCESS OF MOVING TO SWEDEN IS
TO
SAFEGUARD MORROW BANK'S LONG-TERM COMPETITIVENESS
    * SFSA DECISION IS EXPECTED IN Q2 2025
    * GIVEN POSITIVE OUTCOME, BANK WILL SEEK TO START OPERATIONS
IN
SWEDEN, TRANSFER LISTING OF ITS SHARES TO NASDAQ STOCKHOLM IN
2026

Source text:  ID:nObihmqCSa 
Further company coverage:  MOBAM.OL 

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