Resurs Bank launches deposit offering in Germany

Non Regulatory

Resurs Bank, a wholly owned subsidiary of Resurs Holding AB, is launching deposits for private individuals in Germany. By supplementing SEK deposits in Sweden and NOK deposits in Norway with deposits in EUR, Resurs Bank will take another step towards stronger and more diversified financing.

The Group’s strategy is to actively work with various sources of financing in order to use the most suitable source of financing at any given time and to create diversified financing in the long term.

Savings accounts in Germany will be offered in partnership with Raisin. Raisin is the largest deposit platform in the European market and since it was founded in 2013 has enabled more than 150,000 customers to invest more than EUR 8 billion at competitive interest rates. Read more about Raisin at: www.raisin.com.

More information is available from: 
Peter Rosén, CFO & Head of IR, peter.rosen@resurs.se +467 36 56 49 34

Sofie Tarring, IR Officer, sofie.tarring@resurs.se +46 736 44 33 95  

About Resurs:
Resurs Holding (Resurs), which operates through the subsidiaries Resurs Bank and Solid Försäkring, is the leader in retail finance in the Nordic region, offering payment solutions, consumer loans and niche insurance products. Since its start in 1977, Resurs Bank has established itself as a leading partner for sales-driven payment and loyalty solutions in retail and e-commerce, and Resurs has thus built a customer base of approximately 5.8 million private customers in the Nordics. Resurs Bank has had a banking licence since 2001 and is under the supervision of the Swedish Financial Supervisory Authority. The Resurs Group operates in Sweden, Denmark, Norway and Finland. At the end of the third quarter of 2018, the Group had 783 employees and a loan portfolio of SEK 27.5 billion. Resurs is listed on Nasdaq Stockholm.