Morrow Bank AB
1.40
EUR
-0.03
(-2.38%)
ISIN
SE0026852725
Return %
Stock
S&P 500
1Y
- -
14.20
3Y
- -
81.12
5Y
- -
68.34
Capital Structure
SEK
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in mil. unless spec.Working Capital
SEK
•
in mil. unless spec.Growth Rates
SEK
•
in mil. unless spec.Quarterly Revenue
SEK
•
in mil. unless spec.Quarterly Earnings Per Share
SEK
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in mil. unless spec.Quarterly Dividends Per Share
SEK
•
in mil. unless spec.Company Description
- CEO
- Øyvind Oanes
- Full Time Employees
- 69
- Sector
- Finance
- Industry
- Regional banks
- Address
- Stockholm Sweden
- Website
- morrowbank.se
- Similar Companies
- Business
- Morrow Bank AB (publ) is a specialized digital retail bank that provides non-collateralized consumer lending, payment services, and deposit products to private individuals across the Nordic region and select European markets. Founded in 2014 and headquartered in Stockholm, Sweden, the bank operates primarily within the consumer finance and retail banking sectors, utilizing a proprietary, cloud-enabled technological infrastructure to deliver automated credit assessment and banking services. The company's core product and service portfolio comprises unsecured consumer loans for debt consolidation, home improvement, and general private expenditure; revolving credit facilities and Mastercard-branded credit cards equipped with digital wallet support, reward schemes, and flexible repayment structures; high-yield retail deposit products, including variable-rate savings accounts and fixed-term deposits offered in domestic and continental European markets; and point-of-sale checkout solutions, including invoice financing and installment payment plans integrated with digital and physical merchant checkouts. Morrow Bank AB maintains active consumer lending and credit card operations in Norway, Sweden, and Finland, while sourcing diversified retail deposit funding across Germany and broader Europe via cross-border savings platforms. In recent major developments, the institution completed a cross-border statutory merger and redomiciliation that transitioned its legal domicile and banking license from Norway to Sweden under the supervision of the Swedish Financial Supervisory Authority (Finansinspektionen), concurrently migrating its primary public listing to Nasdaq Stockholm under the ticker symbol MORROW. This followed the strategic rebranding of the institution from Komplett Bank ASA to Morrow Bank to establish an autonomous brand platform following its separation from the Komplett Group. Furthermore, the bank has entered into recurring forward-flow partnerships and debt portfolio transfer transactions with international credit management institutions for the divestment of non-performing loans (NPLs), enhancing capital adequacy and supporting targeted loan book expansion across its core Nordic markets.