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    MOBA — Morrow Bank ASA News Story

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    Brief: Morrow Bank To Buy SEK About 1.6 Bln Portfolio Of Consumer Loans From Lunar Bank

    Picture of Morrow Bank ASA logoMorrow Bank ASA
    16/08/2024 12:56
    Aug 16 (Reuters) - Morrow Bank ASA  MOBAM.OL :
    * AGREEMENT TO ACQUIRE LUNAR BANK´S SWEDISH CONSUMER LOAN
PORTFOLIO, POSITIVELY IMPACTING PROFITABILITY FROM 2024
    * NO IMPACT ON MORROW BANK'S COST LEVEL FROM LOAN GROWTH
    * TODAY AGREED TO ACQUIRE SEK ABOUT 1.6 BILLION (NOK ABOUT
1.6
BILLION) PORTFOLIO OF CONSUMER LOANS FROM LUNAR BANK

Source text for Eikon:  ID:nObiBm3Zla 
Further company coverage:  MOBAM.OL 

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