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Morrow Bank ASA

KOMPo:EBT

Morrow Bank ASA

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About the company

Morrow Bank ASA, formerly Komplett Bank ASA, is a Norway-based bank offering convenient payment and financing products to consumers. The Bank is focused on creating value for its customers by offering flexible, convenient financing solutions through efficient, customer friendly processes. Operational efficiency and low cost are foundations for the bank and is enabled by centralized operations, modern systems, and digital set-up. The Bank is pursuing a growth strategy based on geographical and product-wise diversification and expansion. The product portfolio includes consumer loans, credit cards, point-of-sales finance solutions, and high-yield deposit accounts. The Bank operates in Norway, Sweden and Finland.

  • Revenue in NOK (TTM)1.67bn
  • Net income in NOK164.00m
  • Incorporated2012
  • Employees74.00
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Mergers & acquisitions

Acquired companyDeal statusDateDate /
Deal status		MOBA:OSL since
announced		Transaction
value
Lunar Bank As-Consumer Loan PortfolioAnnounced16 Aug 202416 Aug 2024Announced37.50%151.91m
Qliro Ab-Loan PortfolioDeal completed04 Jul 202404 Jul 2024Deal completed55.87%66.78m
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