Norion Bank AB (NORION.ST)
Norion Bank AB operates in the Banks - Regional industry of the Financial Services sector, headquartered in Gothenburg, VG, SE. The stock last traded at $65.60, down 0.91% on the session, giving a market capitalisation of $12.45B. Its beta of 0.51 implies it has historically moved less than the broad market.
Headquartered in Gothenburg, Sweden, Norion Bank AB, established in 1999 and formerly known as Collector Bank AB until its rebranding in September 2023, delivers comprehensive financial solutions. The bank primarily serves small and medium-sized enterprises (SMEs) alongside individual customers across Sweden, Finland, Norway, and beyond. Its business activities are organized into distinct Corporate, Real Estate, Consumer, and Payments divisions. The institution's diverse product portfolio encompasses various forms of credit, including personal, corporate, real estate, and unsecured loans, in addition to credit card facilities and factoring services. Norion Bank also provides payment processing and checkout systems for both e-commerce and brick-and-mortar retail, along with invoicing and installment payment services for private individuals.
Norion Bank AB is most often compared with the following Financial Services names: