Resurs Bank acquires Danish loan portfolio from Spar Nord Bank
Sweden, May 20 -- Resurs Bank acquires a Danish loan portfolio of DKK 480 million from Spar Nord Bank, strengthening the bank's position in the Danish market.The acquired portfolio comprises consumer loans and sales financing loans and relates to a portfolio from the Sparxpres brand, which has offered products through a network of merchants in Denmark.The outstanding volume of the acquired portfolio amounts to approximately DKK 480 million. In connection with the acquisition, new retail finance agreements have also been entered into with selected merchants linked to the transaction.The transaction has been carried out between Resurs Bank AB and Spar Nord Bank A/S and strengthens Resurs Bank's position in the Danish market, representing a st...
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