News

Applying for Swedish banking license

Morrow Bank has submitted its application for a Swedish banking license to the Swedish Financial Supervisory Authority (SFSA).

Q3 results 2024 (31 Oct 2024)

Strong growth, increased profitability and updated ambitions

Morrow Bank acquires Lunar Bank´s Swedish consumer loan portfolio (16 Aug 2024)

Morrow Bank today agreed to acquire a SEK ~1.6 billion of consumer loans from Lunar Bank.

Q2 results 2024 (14 Aug 2024)

Profit before tax of NOK 67 million, increased ROE and accelerated value creation.

Agreement to acquire Swedish performing loan portfolio, driving growth and profitability (4 Jul 2024)

Morrow Bank today agreed to acquire a SEK ~700 million portfolio of performing loans from Qliro AB, in line with its communicated strategy to pursue structural opportunities to accelerate value creation.

Updated company presentation (17 Jun 2024)

Morrow Bank released an updated company presentation, which will be presented on Wednesday this week.

Q1 Results 2024 (7 May 2024)

Higher revenues while keeping costs stable, and a declining loan loss ratio, resulting in improved returns.
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Q4 Results 2023 (14 Feb 2024)

Solid growth, improved interest margins and efficiency drives pre-tax profits of NOK 51 million in Q4 2023