With a diversified offering through our four brands – Nordax Bank, Bank Norwegian, Svensk Hypotekspension and DBT – and over two million customers, we have the size, knowledge and scalability required to enable financial health for more people. NOBA provides specialized, customer-centric financial offerings that are sustainable for the individual, the SME, the bank and society at large, today and in the future.
NOBA welcomes DBT to the family and establishes a new product vertical focused on lending to small and medium-sized enterprises (SMEs).
NOBA claims the top spot for customer service excellence – as ranked by Brilliant Future’s satisfaction survey.
Nordax Bank wins the Brilliant Awards – ranked highest when 2.3 million Swedes were asked which bank has the best customer service.
Nordax is changing its company name to NOBA Bank Group to unite the brands Bank Norwegian, Nordax Bank, and Svensk Hypotekspension under a common group name. The loan portfolio now exceeds SEK 100 billion.
Bank Norwegian becomes a branch of Nordax Bank – a merger that makes Nordax the largest specialist bank in the Nordics.
Nordax Bank acquires Svensk Hypotekspension, broadens its product offering, and strengthens its position as a leading European specialist bank.
Nordax Bank launches mortgages for those who don’t quite fit the traditional criteria of the big banks—such as the requirement for permanent employment—positioning itself as “the bank for the new normal.”
Bank Norwegian is founded.
Svensk Hypotekspension is founded and becomes the first in Sweden to offer senior loans, also known as equity release mortgages.
Nordax is founded in Stockholm by experts in risk management and credit assessment, united by a shared vision: to become Europe’s leading specialist bank.