Nordic Loans – Nordbi http://www.nordbi.org/ Tue, 12 Oct 2021 06:52:54 +0000 en-US hourly 1 https://wordpress.org/?v=5.8 http://www.nordbi.org/wp-content/uploads/2021/04/nordbi-icon-150x150.png Nordic Loans – Nordbi http://www.nordbi.org/ 32 32 Resurs: presents interim report for Q3 2021 – invites you to participate in person or digitally http://www.nordbi.org/resurs-presents-interim-report-for-q3-2021-invites-you-to-participate-in-person-or-digitally/ http://www.nordbi.org/resurs-presents-interim-report-for-q3-2021-invites-you-to-participate-in-person-or-digitally/#respond Tue, 12 Oct 2021 06:01:14 +0000 http://www.nordbi.org/resurs-presents-interim-report-for-q3-2021-invites-you-to-participate-in-person-or-digitally/

Resurs invite investors and analysts the presentation of the third quarter interim report on Tuesday October 26 at 9:00 a.m. CEST. CEO Nils carlsson and CFO & Head of IR Sofie Tarring Lindell will present the report and answer questions afterwards. You are welcome to participate in person at Stockholm or digitally.

Tuesday October 26 at 7:30, Resurs Holding will publish its report for the third quarter of 2021. The report will be presented by the CEO Nils carlsson and CFO & Head of IR Sofie Tarring Lindell at 9:00 a.m.

Join us at Helio GT 30, Grev Turegatan 30 at Stockholm to watch the presentation in person. Coffee and light refreshments will be served from 8:45 am Pre-register via the link: https://financialhearings.com/event/13321

You can also follow the presentation as a webcast or conference call. The report is presented in Swedish with an English speaking interpreter. Use the following phone numbers to join the conference call:

Sweden: +46 850 558 368
UK: +44 333 300 92 67
United States: +16 319 131 422

Link to webcast
Swedish: https://tv.streamfabriken.com/sv-resurs-holding-q3-2021
English: https://tv.streamfabriken.com/en-resurs-holding-q3-2021

Presentation material will be made available on www.resursholding.com before 9:00 a.m. After the conference, a recorded version of the webcast will be posted on the same page.

More information:Nils carlsson, CEO, nils.carlsson@resurs.se, +46 42 38 20 00
Sofie Tarring Lindell, CFO & Head of IR, sofie.tarringlindell@resurs.se, +46 73 644 33 95

IN REGARDS TO HOLDING OF RESURS
Resurs Holding (Resurs), which operates through subsidiaries Resurs Bank and Solid Försäkring, is the leader in retail finance in the Nordic region, offering niche payment solutions, consumer loans and insurance products. Since its creation 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 up a client base of around 6 million private customers in the Nordic countries. Resurs Bank has held a banking license 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 second quarter of 2021, the Group had 735 employees and a loan portfolio of SEK 31.1 billion. Resurs is listed on Nasdaq Stockholm.

https://news.cision.com/resurs-holding/r/resurs-holding-presents-interim-report-for-the-three-quarter-of-2021—welcoming-you-to-participate-,c3430472

https://mb.cision.com/Main/9628/3430472/1479377.pdf

(c) Decision 2021. All rights reserved., source Press Releases – English

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Bank Norwegian: Publication of a significant stake by Nordax http://www.nordbi.org/bank-norwegian-publication-of-a-significant-stake-by-nordax/ http://www.nordbi.org/bank-norwegian-publication-of-a-significant-stake-by-nordax/#respond Fri, 08 Oct 2021 13:34:04 +0000 http://www.nordbi.org/bank-norwegian-publication-of-a-significant-stake-by-nordax/
Nordax Bank AB (publ) ("Nordax") has today acquired 3,442,865 shares in Bank
Norwegian ASA (the "Company").  Following the acquisition, Nordax holds
6,313,456 shares in the Company, corresponding to 3.38% of the Company's share
capital and voting rights and together with its close associates, on a
consolidated basis, an aggregate of 48,786,059 shares in the Company,
corresponding to 26.10% of the Company's share capital and voting rights,
thereby crossing the 25% major shareholding threshold in the Company on a
consolidated basis.

Nordax has, pursuant to contribution agreements as further set out under section
1.16 (Contribution Agreements) of the offer document for the recommended
voluntary offer for all shares in the Company (the "Offer"), dated 5 August
2021, as amended, conditionally agreed to acquire 42,472,603 shares,
representing 22.72% of the shares and votes in the Company, equivalent to the
total holding of shares in the Company held by Nordax' close associates.

Nordax has through the Offer received acceptances for 117,703,465 shares,
corresponding to 62.98% of the Company's share capital and voting rights.
In aggregate, when Nordax shares and rights to shares are taken together, this
represents a total of 166,489,524 shares in the Company, equivalent to 89.08% of
the Company's share capital and voting rights.

This announcement is made pursuant to section 4-2 of the Norwegian Securities
Trading Act.

About Nordax

Nordax Bank AB (publ) is a leading specialist bank in Northern Europe owned by
Nordic Capital Fund VIII and Sampo. Nordax has around 287,000 private customers
in Sweden, Norway, Finland, Denmark and Germany. We are a specialist bank that
through responsible lending helps people make informed decisions for a life they
can afford. We are a flexible complement to the major banks. Instead of
quantity, we have specialised in a few selected products that we know best:
personal loans, mortgages, equity release products and savings accounts. Since
2019, Svensk Hypotekspension, which is a specialist in equity release products,
is a wholly owned subsidiary of Nordax. Nordax has around 350 employees,
practically all of whom work from a central office in Stockholm. The credit
assessment process is one of Nordax's core competencies. It is thorough, sound
and data driven. Nordax's customers are financially stable. As of 30 June 2021,
lending to the public amounted to SEK 30.1 billion and deposits amounted to SEK
28.4 billion.

Read more about Nordax on http://www.nordaxgroup.com.

Click here for more information

© Oslo Bors ASA, source Oslo Stock Exchange

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Resurs: Appointment of the Nomination Committee of Resurs Holding http://www.nordbi.org/resurs-appointment-of-the-nomination-committee-of-resurs-holding/ http://www.nordbi.org/resurs-appointment-of-the-nomination-committee-of-resurs-holding/#respond Thu, 07 Oct 2021 07:07:15 +0000 http://www.nordbi.org/resurs-appointment-of-the-nomination-committee-of-resurs-holding/

It was decided at the Annual General Meeting (AGM) held on June 17, 2020 that the nomination committee before the next general meetings would be composed of members appointed by the four main shareholders on the last working day of August of each year, in addition to the Chairman of the Board who would also convene the first meeting of the Nomination Committee. The member appointed by the largest shareholder in terms of votes is appointed Chairman of the Nomination Committee.

The main tasks and responsibilities of the nominating committee are to present proposals for the chairman of the general assembly, members of the board of directors, the chairman of the board, auditors, the board fees specified by the chairman’s fees and the fees of the other members of the board, as well as the remuneration for the work of the Committee and the fees of the statutory auditor. The Nomination Committee also proposes, if necessary, modifications to the instructions of the Nomination Committee.

The steps to ask the shareholders if they wish to appoint a member of the Nomination Committee have now been completed. Ahead of the 2022 AGM, the nomination committee is made up of Martin Bengtsson appointed by Waldakt AB, who is the main shareholder of Resurs Holding (the Bengtsson family) with 28.9% of the votes, Jonas Strömberg appointed by the Erik group Selin Fastigheter AB, Johannes Wingborg appointed by Länsförsäkringar Fondförvaltning AB (publ) and Oskar Börjesson appointed by Livförsäkringsbolaget Skandia, ömsesidigt. Waldakt AB being the main shareholder of Resurs Holding, Martin Bengtsson is the Chairman of the Nomination Committee in accordance with the applicable instructions for the Nomination Committee. Martin Bengtsson is also Chairman of the Board of Directors.

The 2022 GA of Resurs Holding will be held on April 28, 2022. The Nomination Committee’s proposals will be presented in the invitation to the 2022 GA and on the Resurs Holding website.

The shareholders of Resurs Holding AB are invited to submit proposals to the Nomination Committee by email at valberedning@resurs.se or by post to Resurs Holding, Att: Nomination Committee, Box 22209, SE-250 24 Helsingborg, Sweden. The deadline for submitting proposals to the Nomination Committee is February 28, 2022, so that the Committee can devote all due diligence to reviewing the proposals received.

For more information :
Sofie Tarring Lindell, CFO & Head of IR, sofie.tarringlindell@resurs.se, +46 73 644 33 95

About Resurs Holding

Resurs Holding (Resurs), which operates through subsidiaries Resurs Bank and Solid Försäkring, is the leader in retail finance in the Nordic region, offering niche payment solutions, consumer loans and insurance products. Since its inception 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 6 million private customers in the Nordic countries. Resurs Bank has had a banking license since 2001 and is under the supervision of the Swedish Financial Supervisory Authority. The Resurs group is present in Sweden, Denmark, Norway and Finland. At the end of the second quarter of 2021, the Group had 735 employees and a loan portfolio of SEK 31.1 billion.Resurs is listed on Nasdaq Stockholm.

Disclaimer

Resurs Holding AB (publ) published this content on 07 October 2021 and is solely responsible for the information it contains. Distributed by Public, unedited and unmodified, on 07 October 2021 07:06:03 AM UTC.

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The Californian valley where Arabian date palms bloomed http://www.nordbi.org/the-californian-valley-where-arabian-date-palms-bloomed/ http://www.nordbi.org/the-californian-valley-where-arabian-date-palms-bloomed/#respond Wed, 06 Oct 2021 14:07:30 +0000 http://www.nordbi.org/the-californian-valley-where-arabian-date-palms-bloomed/

LONDON: The British armed forces have been called on to support efforts to collect data on thousands of Afghan refugees living in hotels while the Home Office has reportedly lost control of the numbers.

Hundreds of soldiers are expected to visit more than 80 hotels that have been used as “transitional accommodation” for some 7,000 Afghans who were evacuated from Kabul in August.

Concerns have been expressed over the lack of support while refugees are kept in hotels, with reports of insufficient supplies of essential items and a lack of accurate information on many Afghans.

Soldiers should help collect data on the most effective ways to resettle refugees in more permanent accommodation.

The data the Home Office is required to collect includes their level of English, specific requirements for their well-being and the search for local connections they may have in Britain.

This information was due to be completed by the end of the week so that the Home Office could begin the final process of relocating the refugees, but the department refused to rule out that some Afghans could stay in a hotel here. Xmas.

More than 8,000 Afghans were evacuated to the UK in August as part of the policy of resettlement and assistance to Afghans.

A source involved in the care of Afghans transferred to the UK told The Times that the data collection is being undertaken with the support of the military because the Home Office has “lost control” of the situation. due to the chaos of the recovery.

The Refugee Council released a report last month outlining how many Afghans in bridging accommodation lacked essentials such as hygiene products, toothpaste, diapers and medicine.

The report found that the refugees lacked information about their future and had a limited understanding of the process they were going through.

A family trapped in a hotel in Lancashire, in the north of England, said since August that they had not received a reference number, denying them the possibility of contacting the Home Office and making share their concerns.

It also meant that they were unable to obtain information about their case or the prospects for a permanent home in the future.

Parents reported feeling “abandoned” and “lost and very anxious” while their children had “nothing to do”.

The government said the military data collection operation is being conducted on behalf of the Home Office to bolster efforts to integrate Afghan refugees into communities across Britain. He added that the data will be shared with “competent authorities”.

Enver Solomon, CEO of the Refugee Council, said: “The mental health and well-being of families is extremely precarious, and it is essential that everyone receives the support, guidance and information they need to ensure that warm promise by the government becomes a reality rather than an aspiration.

“The best place for all families is in homes, rooted in communities, and more guidance needs to come forward to provide that. “

Home Office dismissed accusation it lost control of the situation and the number of Afghans in hotels, insisting the military was being asked to gather more specific information .

A spokesperson said: “The largest and fastest emergency evacuation in recent history has brought around 15,000 people to safety in the UK. A significant intergovernmental effort is underway to ensure that the thousands of Afghans who have been evacuated to the UK receive the support they need to rebuild their lives, find work, continue their education and integrate into their communities. local.

“It is totally incorrect to suggest that we don’t know how many people are in hotels. Military personnel help the Home Office gather information that will help the government to best match individuals and families in fixed accommodation and support their integration into the UK. “

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Russia Says Facebook Crash Shows Why It Needs Internet Sovereignty, Telecom News, ET Telecom http://www.nordbi.org/russia-says-facebook-crash-shows-why-it-needs-internet-sovereignty-telecom-news-et-telecom/ http://www.nordbi.org/russia-says-facebook-crash-shows-why-it-needs-internet-sovereignty-telecom-news-et-telecom/#respond Tue, 05 Oct 2021 11:31:00 +0000 http://www.nordbi.org/russia-says-facebook-crash-shows-why-it-needs-internet-sovereignty-telecom-news-et-telecom/ MOSCOW: Russian social media reported a spike in activity during the global Facebook blackout on Monday which Moscow officials said showed Russia was right to develop its own sovereign internet platforms and social media.

Russia has for years sought to assert greater sovereignty over its internet segment, pressuring foreign tech companies to remove content and store data in Russia. It has also improved its ability to block platforms that break its rules.

Maria Zakharova, spokeswoman for the Russian Foreign Ministry, said Monday evening during the nearly six-hour outage of Facebook services that this “answers the question of whether we need our own social networks and internet platforms “.
Facebook blamed its outage, which prevented its 3.5 billion users from accessing services like WhatsApp, Instagram and Messenger, to a faulty configuration change.

Russia’s largest social network, Vkontakte, has many more daily users in the country than Facebook and has reported an increase in the number of posts and users after Facebook’s services fell.

“The number of views of Vkontakte videos increased by 18% and the number of messages sent in Messenger by 21%,” Izvestia newspaper said quoting Marina Krasnova, head of the social network.

She specifies that the site’s audience jumped 19% compared to the day before.

Odnoklassniki, another popular social network, said activity on its site increased during the Facebook outage, RIA news agency reported.

Vkontakte and Odnoklassniki are owned by Russian technology company Mail.Ru.

Russia disconnected from the global internet in tests earlier this year, in an attempt to protect the country from being cut off from foreign infrastructure.

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Resurs: offer the distribution of the Solid Försäkring subsidiary http://www.nordbi.org/resurs-offer-the-distribution-of-the-solid-forsakring-subsidiary/ http://www.nordbi.org/resurs-offer-the-distribution-of-the-solid-forsakring-subsidiary/#respond Mon, 04 Oct 2021 16:16:08 +0000 http://www.nordbi.org/resurs-offer-the-distribution-of-the-solid-forsakring-subsidiary/

Resurs Holding AB (“Resurs”) announced in May 2021 that the company had initiated a strategic review with the aim of listing its subsidiary Solid Försäkringsaktiebolag (“Solid Försäkring”) on the main market of Nasdaq Stockholm. Consequently, the Board decided today to propose that an Extraordinary General Assembly be held on November 2, 2021 decides to distribute all the shares of Solid Försäkring to Resurs shareholders.

The objective is to list Solid Försäkring on the main Nasdaq Stockholm market during the current quarter and thus to proceed with the distribution of the shares of Solid Försäkring according to the rules of the Lex ASEA.1. Provided that the Extraordinary General Assembly of November 2, 2021 approves the distribution proposed by the Council, Resurs shareholders will receive shares of Solid Försäkring based on their current stake in Resurs. Ten (10) shares of Resurs give right to one (1) share in Solid Försäkring.

The Board also decided to propose to the General Meeting to authorize it to set the settlement date for the distribution of Solid Försäkring shares.

In recent years, Solid Försäkring has grown into a competitive and stable non-life insurance company with a diversified Nordic niche insurance profile and high creditworthiness. The Council considers that due to its size in relation to the Resurs Group, Solid Försäkring does not receive the attention or attention warranted by the position and future potential of Solid Försäkring, and that the value of the company is not fully reflected in the Resurs share price. Divide the Resurs Group and the distribution and listing of shares of Solid Försäkring offers the potential to generate significant shareholder value over time and will allow the two companies to focus on their respective businesses. A separate listing offers greater opportunities for higher organic growth and additional acquisitions, and also allows current shareholders and new investors to invest directly in Solid Försäkring.

The strategic review and preparations for the separate listing of Solid Försäkring resulted in one-time costs of approximately 15 million Swedish kronor who will be billed to Resurs third quarter earnings. Besides, Resurs expects other one-time costs of approximately 25 million Swedish kronor to be charged to fourth quarter results. The Insurance business line, which consisted of Solid Försäkring, will be recognized as a discontinued operation in the fourth quarter interim report. The third quarter interim report will be published on October 26, 2021 and year-end report on February 8, 2022.

More information on the Solid Försäkring share distribution project for Resurs shareholders will be published in an information brochure on Resurs site www.resursholding.com on 12 October 2021.

More information:Nils carlsson, CEO, nils.carlsson@resurs.se, +46 42 38 20 00
Sofie Tarring Lindell, CFO & Head of IR, sofie.tarringlindell@resurs.se, +46 73 644 33 95

This information is information such as Resurs Holding AB (publ) is required to disclose in accordance with the EU Market Abuse Regulation. The information has been submitted for publication, through the contact persons indicated above, on October 4, 2021 To 6:15 p.m. CEST

[1] In summary, the Lex ASEA means that a parent company may, under certain circumstances, distribute the shares of a subsidiary to its shareholders without the distribution triggering immediate taxation for those shareholders who are subject to unlimited taxation in Sweden (the acquisition cost for the shareholder of the shares of the parent company is rather distributed between the shares of the parent company and the shares received in the subsidiary).

ABOUT SOLID FÖRSÄKRING
Solid Försäkring was founded in 1993 and is today a successful company in the insurance industry. The emphasis is on niche coverage, with the Nordic region as the main market. The company partners with leading retail chains in a variety of industries and has approximately 2.3 million customers in the Nordic region.

IN REGARDS TO HOLDING OF RESURS
Resurs Holding (Resurs), which operates through subsidiaries Resurs Bank and Solid Försäkring, is the leader in retail finance in the Nordic region, offering niche payment solutions, consumer loans and insurance products. Since its creation 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 around 6 million private customers in the Nordic countries. Resurs Bank has held a banking license since 2001 and is supervised by the Swedish Financial Supervisory Authority. The Resurs Group operates in Sweden, Denmark, Norway and Finland. At the end of the second quarter of 2021, the Group had 735 employees and a loan portfolio of SEK 31.1 billion. Resurs is listed on Nasdaq Stockholm.

https://news.cision.com/resurs-holding/r/resurs-holding-to-propose-the-distribution-of-subsidiary-solid-forsakring,c3426758

https://mb.cision.com/Main/9628/3426758/1476797.pdf

(c) Decision 2021. All rights reserved., source Press Releases – English

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The Lending Software Market is rewriting the history of long-term growth http://www.nordbi.org/the-lending-software-market-is-rewriting-the-history-of-long-term-growth/ http://www.nordbi.org/the-lending-software-market-is-rewriting-the-history-of-long-term-growth/#respond Fri, 01 Oct 2021 16:29:00 +0000 http://www.nordbi.org/the-lending-software-market-is-rewriting-the-history-of-long-term-growth/

Lending Software Market

Global Loan Software Market Report 2020-2025 – Professional Analysis of Production and Consumption (Impact of COVID-19) is the latest research study published by HTF MI assessing the risk analysis of the market, highlighting opportunities and exploited with strategic and tactical decision-making support. The report provides information on market trends and development, growth drivers, technologies and changing investment structure of the global lending software market. Some of the main players presented in the study are Calyx Technology, DH Corporation, Decimal Technologies, Bryt Software, Axcess Consulting Group, CU Direct, Docutech, Applied Business Software, Biz2Credit, Byte Software, C-Loans, Ellie Mae, Argo, Built Technologies, Cloud Lending, Black Knight & AutoPal.

Get free access to a sample report @ https://www.htfmarketreport.com/sample-report/3619623-2020-2025-global-lending-software-market-report-production-and-consumption-professional-analysis

Loan Software Market Overview:

The study provides comprehensive insights essential to maintain market insight, segmented by Retail Loans, Commercial Loans, Trade Finance, Leasing & Cards, Residential Mortgages & Others, Loan Creation Software (LOS) , loan management software (LMS), loan analysis. Software (LAS) & Loan Servicing Software (LSS) and more than 18 countries around the world as well as information on emerging and major players. If you want to analyze different companies involved in Loan Software industry based on your goal or target geography, we offer customization as needed.

Lending Software Market: Demand Analysis and Opportunity Outlook 2026

The loan software research study defines the market size of various segments and countries by historical years and forecasts the values ​​for the next 6 years. The report is assembled to understand qualitative and quantitative elements of Loan Software industry including: market share, market size (2015-2020 value and volume, and forecast till 2026) which each country admires. in the competitive market. In addition, the study also discusses and provides detailed statistics on the crucial elements of the loan software, which include the drivers and restraining factors that help in estimating the future growth prospects of the market.

The segments and subsections of the Loan Software Market are shown below:

The study is segmented by the following product / service type:, Loan Creation Software (LOS), Loan Management Software (LMS), Loan Analysis Software (LAS) and Loan Management Software (LSS)

The main end user applications / industries are: retail loans, commercial loans, trade finance, leasing and cards, residential mortgages and others

Some of the main players involved in the market are: Calyx Technology, DH Corporation, Decimal Technologies, Bryt Software, Axcess Consulting Group, CU Direct, Docutech, Applied Business Software, Biz2Credit, Byte Software, C-Loans, Ellie Mae, Argo, Technologies integrated, cloud-ready, Black Knight and AutoPal

Inquire about customization in the @ report https://www.htfmarketreport.com/enquiry-before-buy/3619623-2020-2025-global-lending-software-market-report-production-and-consumption-professional-analysis

Important years taken into account in the Lending Software study:
Historical year – 2015-2020; Reference year – 2020; Forecast period ** – 2021 to 2026 [** unless otherwise stated]

If you go for the global version of the lending software market; the following country analysis would then be included:
• North America (United States, Canada and Mexico)
• Europe (Germany, France, United Kingdom, Netherlands, Italy, Nordic countries, Spain, Switzerland and rest of Europe)
• Asia-Pacific (China, Japan, Australia, New Zealand, South Korea, India, South East Asia and rest of APAC)
• South America (Brazil, Argentina, Chile, Colombia, rest of the countries, etc.)
• Middle East and Africa (Saudi Arabia, United Arab Emirates, Israel, Egypt, Turkey, Nigeria, South Africa, rest of the MEA)

Buy Loan Software Research Report @ https://www.htfmarketreport.com/buy-now?format=1&report=3619623

Key questions answered with this study
1) What Makes the Loan Software Market Feasible for Long Term Investment?
2) Know the areas of the value chain where actors can create value?
3) Territory likely to experience a sharp increase in CAGR growth and year?
4) Which geographic region would have better demand for products / services?
5) What opportunity would the emerging territory offer to new entrants to the lending software market?
6) Analysis of the risks associated with service providers?
7) How to influence the factors that drive the demand for lending software in the coming years?
8) What is the analysis of impact of various factors on the growth of the global loan software market?
9) What strategies of the major players help them acquire mature market shares?
10) How are technology and customer-centric innovation making big changes in the lending software market?

Browse the summary and the full table of contents @ https://www.htfmarketreport.com/reports/3619623-2020-2025-global-lending-software-market-report-production-and-consumption-professional-analysis

There are 15 Chapters to display the global Loan Software market
Chapter 1, Overview to describe Global Lending Software Market Definition, Specification, and Classification, Applications [Retail Lending, Commercial Lending, Trade Finance, Leasing & Cards, Residential Mortgages & Others], Market segment by types, Loan Creation Software (LOS), Loan Management Software (LMS), Loan Analysis Software (LAS) and Loan Management Software (LSS);
Chapter 2, objective of the study.
Chapter 3, Research Methodology, Measures, Assumptions and Analysis Tools
Chapter 4 and 5, Analysis of Global Loan Software Market Trends, Drivers, Challenges by Consumer Behavior, Marketing Channels, Value Chain Analysis
Chapter 6 and 7, to show the Loan Software Market Analysis, Segmentation Analysis, Characteristics;
Chapter 8 and 9, to show five strengths (bargaining power of buyers / suppliers), threats to new entrants and market conditions;
Chapter 10 and 11, to show the analysis by regional segmentation [North America (Covered in Chapter 8), United States, Canada, Mexico, Europe (Covered in Chapter 9), Germany, UK, France, Italy, Spain, Others, Asia-Pacific (Covered in Chapter 10), China, Japan, India, South Korea, Southeast Asia, Others, Middle East and Africa (Covered in Chapter 11), Saudi Arabia, UAE, South Africa, Others, South America (Covered in Chapter 12), Brazil & Others], comparison, leading countries and opportunities; Customer behavior
Chapter 12, to identify the main decision frameworks accumulated by industry experts and strategic decision makers;
Chapter 13 and 14, on the competition landscape (classification and ranking of the market)
Chapter 15 discusses the Global Lending Software Market sales channel, research findings and conclusion, appendix and data source.

Thank you for your interest in the Lending Software Industry Research Publication; you can also get section by chapter or report version by region like North America, LATAM, USA, GCC, Southeast Asia, Europe, APAC, UK, India or China etc.

Craig Francis (Public Relations and Marketing Manager)
HTF Market Intelligence Consulting Private Limited
Unit # 429, Parsonage Road Edison, NJ
New Jersey United States – 08837
Telephone: +1 (206) 317 1218
sales@htfmarketreport.com

HTF Market Intelligence consulting is uniquely positioned to empower and inspire research and advisory services to empower companies with growth strategies, delivering services with extraordinary depth and breadth of thought leadership, research, tools, events and experiences that aid in decision making.

This version was posted on openPR.

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Bank Norwegian: Nordax Announces Extension of Offer Period for Recommended Voluntary Cash Offer for All Outstanding Shares of Bank Norwegian ASA http://www.nordbi.org/bank-norwegian-nordax-announces-extension-of-offer-period-for-recommended-voluntary-cash-offer-for-all-outstanding-shares-of-bank-norwegian-asa-2/ http://www.nordbi.org/bank-norwegian-nordax-announces-extension-of-offer-period-for-recommended-voluntary-cash-offer-for-all-outstanding-shares-of-bank-norwegian-asa-2/#respond Fri, 01 Oct 2021 14:16:07 +0000 http://www.nordbi.org/bank-norwegian-nordax-announces-extension-of-offer-period-for-recommended-voluntary-cash-offer-for-all-outstanding-shares-of-bank-norwegian-asa-2/
NOT FOR DISTRIBUTION IN OR INTO AUSTRALIA, CANADA AND JAPAN OR ANY OTHER
JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL OR REQUIRE
PRIOR APPROVAL

Reference is made to the offer document dated 5 August 2021 (the "Offer
Document") for the recommended voluntary offer by Nordax Bank AB (publ)
("Nordax" or the "Offeror") to acquire all outstanding shares (the "Shares") in
Bank Norwegian ASA (the "Company") against a consideration in cash of NOK 105
per Share (subject to adjustment as set out in the Offer Document) (the "Offer
Price") (the "Offer"). The Offer Price is Nordax' best and final. Reference is
further made to the announcement dated 7 September 2021 in which the Offeror
partially waived the condition for minimum acceptance of the Offer, when taken
together with any shares that the Offeror has acquired or agreed to acquire,
down to 2/3 of the shares on a fully diluted basis (the "Minimum Acceptance
Condition") and the announcement of the fulfillment of the Minimum Acceptance
Condition on 8 September 2021. Reference is also made to the announcements dated
6 September 2021 and 24 September 2021, in which the Offeror announced extension
of the offer period for the Offer (the "Offer Period") until 16.30 hours
(Norwegian time) on 1 October 2021, and the announcement dated 30 September 2021
in which the Offeror announced receipt of approvals from the Swedish Financial
Supervisory Authority (the "SFSA") and fulfillment of the conditions for the
Offer relating to Regulatory Approvals (the "Regulatory Approvals Condition").

The Offeror hereby announces an extension of the Offer Period until 8 October
2021 at 16:30 hours (Norwegian time).

As a consequence of the extension, settlement of the Offer may be postponed
correspondingly. The Offeror maintains its right to further extend the Offer
Period (one or several times) on the terms and conditions set out in the Offer
Document, but not beyond 15 October 2021.

The extension of the Offer Period is made pursuant to sections 1.8 (Offer
Period) and 1.12 (Amendments of the Offer) in the Offer Document.

Settlement of the Offer shall take place no later than fourteen (14) business
days after the date on which the Offeror has issued the Settlement Notification,
as further set out in section 1.11 (Settlement) in the Offer Document, and
subject to the closing conditions for the Offer as further set out in section
1.6 (Conditions to the Offer) in the Offer Document being fulfilled or waived,
until the settlement of the Offer.

The Oslo Stock Exchange has in its capacity as take-over authority of Norway
approved the extension of the Offer Period and otherwise reviewed this
announcement prior to its publication. All terms and conditions of the Offer,
other than the Minimum Acceptance Condition partly waived on 7 September 2021
and fulfilled on 8 September 2021, the Regulatory Approvals Condition as
fulfilled on 30 September 2021, and the Offer Period as further extended
pursuant to this announcement, remain unchanged and as set out in the Offer
Document.

The Offeror will provide an update of the level of acceptances and its
shareholding before the Oslo Stock Exchange opens on 4 October 2021 due to
ongoing counting of received acceptances.

Completion of the Offer is subject to the fulfilment or waiver by the Offeror of
the conditions for completion of the Offer set out in the Offer Document, other
than the Minimum Acceptance Condition as fulfilled on 8 September 2021, and the
Regulatory Approvals Condition as fulfilled on 30 September 2021. None of the
conditions that refers to events that shall not occur have, to the Offeror's
knowledge, occurred. The complete terms and conditions for the Offer, including
procedures for how to accept the Offer and detailed information regarding
settlement, are set out in the Offer Document, other than the condition for
Minimum Acceptance, as partially waived on 7 September 2021 and fulfilled on 8
September 2021, the Regulatory Approvals Condition as fulfilled on 30 September
2021 and with the amended Offer Period as described herein.

Acceptances of the Offer already received will remain binding and there is no
need for shareholders that have already accepted the Offer to take any further
action to confirm their acceptances or otherwise.

Shareholders that want to accept the Offer must fill out and return the
acceptance form which is included in the Offer Document by 16:30 hours
(Norwegian time) on 8 October 2021. 

The Offer Document is, subject to regulatory restrictions in certain
jurisdictions, available at www.abgsc.com and www.dnb.no/emisjoner. Subject to
regulatory restrictions in certain jurisdictions, the Offer Document may also be
obtained free of charge during ordinary business hours at the offices of the
receiving agent, DNB Bank ASA, Registrars department, Dronning Eufemias gate 30,
0191 Oslo, Norway.

For further information on the Offer, visit www.collaborate-to-scale.com.

Advisors
ABG Sundal Collier, DNB Markets, Goldman Sachs International and Melesio are
acting as financial advisors to Nordax in the process. FCG Risk & Compliance AB
is acting as advisor on governance, risk and compliance to Nordax. Advokatfirman
Cederquist KB is acting as Swedish legal counsel and Advokatfirmaet Wiersholm AS
is acting as Norwegian legal counsel to Nordax.

Media relations
Oscar Karlsson, Brunswick Group

okarlsson@brunswickgroup.com
+46 709 62 78 42

About Nordax
Nordax Bank AB (publ) is a leading specialist bank in Northern Europe owned by
Nordic Capital Fund VIII and Sampo. Nordax has around 287,000 private customers
in Sweden, Norway, Finland, Denmark and Germany. We are a specialist bank that
through responsible lending helps people make informed decisions for a life they
can afford. We are a flexible complement to the major banks. Instead of
quantity, we have specialised in a few selected products that we know best:
personal loans, mortgages, equity release products and savings accounts. Since
2019, Svensk Hypotekspension, which is a specialist in equity release products,
is a wholly owned subsidiary of Nordax. Nordax has around 350 employees,
practically all of whom work from a central office in Stockholm. The credit
assessment process is one of Nordax's core competencies. It is thorough, sound
and data driven. Nordax's customers are financially stable. As of 30 June 2021,
lending to the public amounted to SEK 30.1 billion and deposits amounted to SEK
28.4 billion.

Read more about Nordax on http://www.nordaxgroup.com.

Important notice
This press release is for informational purposes only and is not an offer to buy
or the solicitation of an offer to sell any securities. The Offer will only be
made on the basis of the Offer Document, and can only be accepted pursuant to
the terms of the Offer Document. The Offer will not be made in any jurisdiction
in which making of the Offer would not be in compliance with the laws of such
jurisdiction or would require that an additional offer document is prepared or
registration effected or that any other measures are taken in addition to those
required under Norwegian law and regulations. This press release and any related
Offer documentation are not being distributed and must not be mailed or
otherwise distributed or sent in or into any country in which the distribution
or offering would require any such additional measures to be taken or would be
in conflict with any law or regulation in such country - any such action will
not be permitted or sanctioned by Nordax. Any purported acceptance of the Offer
resulting directly or indirectly from a violation of these restrictions may be
disregarded.

Notice to U.S. Holders
U.S. Holders (as defined below) are advised that the shares in BANO (the
"Shares") are not listed on a U.S. securities exchange and that the Company is
not subject to the periodic reporting requirements of the U.S. Securities
Exchange Act of 1934, as amended (the "U.S. Exchange Act"), and is not required
to, and does not, file any reports with the U.S. Securities and Exchange
Commission (the "SEC") thereunder.

The Offer is made to holders of Shares resident in the United States ("U.S.
Holders") on the same terms and conditions as those made to all other holders of
Shares of the Company to whom an offer is made. Any information documents,
including the Offer Document, will be disseminated to U.S. Holders on a basis
comparable to the method that such documents are provided to the Company's other
shareholders to whom an offer is made. The Offer is made by the Offeror and no
one else.

The Offer is made to U.S. Holders pursuant to Section 14(e) and Regulation 14E
under the U.S. Exchange Act as a "Tier II" tender offer, and otherwise in
accordance with the requirements of Norwegian law. Accordingly, the Offer is
subject to disclosure and other procedural requirements, including with respect
to the offer timetable, settlement procedures and timing of payments, that are
different from those that would be applicable under U.S. domestic tender offer
procedures and law.

Pursuant to an exemption from Rule 14e-5 under the U.S. Exchange Act, the
Offeror and its affiliates or brokers (acting as agents for the Offeror or its
affiliates, as applicable) may from time to time, and other than pursuant to the
Offer, directly or indirectly, purchase or arrange to purchase, Shares or any
securities that are convertible into, exchangeable for or exercisable for such
Shares outside the United States during the period in which the Offer remains
open for acceptance, so long as those acquisitions or arrangements comply with
applicable Norwegian law and practice and the provisions of such exemption. To
the extent information about such purchases or arrangements to purchase is made
public in Norway, such information will be disclosed by means of an English
language press release via an electronically operated information distribution
system in the United States or other means reasonably calculated to inform U.S.
Holders of such information. In addition, the financial advisors to the Offeror
may also engage in ordinary course trading activities in securities of the
Company, which may include purchases or arrangements to purchase such
securities.

Neither the SEC nor any securities supervisory authority of any state or other
jurisdiction in the United States has approved or disapproved the Offer or
reviewed it for its fairness, nor have the contents of the Offer Document or any
other documentation relating to the Offer been reviewed for accuracy,
completeness or fairness by the SEC or any securities supervisory authority in
the United States. Any representation to the contrary is a criminal offence in
the United States.

Forward-looking information 
Statements in this press release relating to future status and circumstances,
including statements regarding future performance, growth and other projections
and whether the Offer will be completed, are forward-looking statements. These
statements may generally, but not always, be identified by the use of words such
as "anticipates", "expects", "believes", or similar expressions. By their
nature, forward-looking statements involve risk and uncertainty because they
relate to events and depend on circumstances that will occur in the future.
There can be no assurance that actual results will not differ materially from
those expressed or implied by these forward-looking statements due to many
factors, many of which are outside the control of Nordax. Any such
forward-looking statements speak only as of the date on which they were made and
Nordax has no obligation (and undertakes no such obligation) to update or revise
any of them, whether as a result of new information, future events or otherwise,
except for in accordance with applicable laws and regulations.

Click here for more information

© Oslo Bors ASA, source Oslo Stock Exchange

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Validea Martin Zweig Strategy Daily Update Report – 10/01/2021 http://www.nordbi.org/validea-martin-zweig-strategy-daily-update-report-10-01-2021/ http://www.nordbi.org/validea-martin-zweig-strategy-daily-update-report-10-01-2021/#respond Fri, 01 Oct 2021 11:35:37 +0000 http://www.nordbi.org/validea-martin-zweig-strategy-daily-update-report-10-01-2021/

THere are today’s updates for Validea Growth investor model based on the published strategy of Martin zweig. This strategy seeks growth stocks with a persistent acceleration in earnings and sales growth, reasonable valuations and low leverage.

AUTOHOME INC (ADR) (ATHM) is a mid-cap value share in the IT services industry. The rating according to our strategy based on Martin Zweig has increased from 77% to 85% depending on the underlying fundamentals of the company and the valuation of the share. A score of 80% or more usually indicates that the strategy has some interest in the stock and a score above 90% generally indicates a strong interest.

Business Description: Autohome Inc is a holding company primarily providing an online destination for automotive consumers. It is engaged in providing online advertising and dealer subscription services. It, through its autohome.com.cn and che168.com websites, provides content to auto buyers and owners. Media services offer marketing solutions related to brand promotion, the release of new models and sales promotion. Lead generation services allow subscribed resellers to set up their own online stores, list pricing and promotional information, provide reseller contact details, place advertisements, and manage customer relationships. The online marketplace and others are focused on providing facilitation and other platform-based services for new and used car transactions. It also offers services to its cooperative financial institutions which consist of facilitating the sale of their loans and insurance products. The Company mainly operates its business in the Chinese market.

The following table summarizes whether the title meets each of the tests for this strategy. Not all of the criteria in the table below are given the same weight or are independent, but the table gives a brief overview of the strengths and weaknesses of the title in the context of the strategy criteria.

P / E RATIO: PAST
REVENUE GROWTH IN RELATION TO EPS GROWTH: TO FAIL
SALES GROWTH RATE: PAST
CURRENT QUARTER PROFIT: PAST
QUARTERLY PROFIT ONE YEAR AGO: PAST
POSITIVE PROFIT GROWTH RATE FOR THE CURRENT QUARTER: PAST
PROFIT GROWTH RATE OVER THE PAST SEVERAL QUARTERS: TO FAIL
EPS GROWTH FOR THE CURRENT QUARTER MUST BE GREATER THAN 3 PREVIOUS QUARTERS: PAST
EPS GROWTH FOR THE CURRENT QUARTER MUST BE ABOVE HISTORICAL GROWTH RATE: PAST
PERSISTENCE OF EARNINGS: PAST
LONG-TERM EPS GROWTH: PAST
TOTAL DEBT / EQUITY RATIO: PAST
INSIDER TRADING: PAST

AUTOHOME INC (ADR) in-depth analysis

Full Guru Analysis for ATHM

Full Factor Report for ATHM

More details on Validea’s Martin Zweig strategy

About Martin Zweig: Over the 15 years of monitoring, Zweig’s stock recommendations newsletter averaged 15.9% per year, during which time it was ranked number one on the basis of risk-adjusted returns by Hulbert Financial Digest. Zweig has managed both mutual funds and hedge funds during his career, and he put the wealth he has accumulated to interesting uses. He owned what Forbes reported to be New York’s most expensive apartment, a $ 70 million penthouse that sits atop the Pierre Hotel in Manhattan, and he’s a collector of all kinds of pop culture. and historical memorabilia – among his purchases are the weapon Clint Eastwood used in “Dirty Harry,” a stock certificate signed by Commodore Vanderbilt, and even two old-fashioned gas pumps similar to the ones he had. seen at a nearby gas station while growing up in Cleveland, according to published reports.

About Validea: Validea is an investment research service that tracks strategies published by investment legends. Validea offers both equity analysis and model portfolios based on gurus who have outperformed the market over the long term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information on Validea, Click here

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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Latest Coronavirus: US Covid Cases and Hospitalizations Decline in September – As Happened http://www.nordbi.org/latest-coronavirus-us-covid-cases-and-hospitalizations-decline-in-september-as-happened/ http://www.nordbi.org/latest-coronavirus-us-covid-cases-and-hospitalizations-decline-in-september-as-happened/#respond Thu, 30 Sep 2021 17:05:00 +0000 http://www.nordbi.org/latest-coronavirus-us-covid-cases-and-hospitalizations-decline-in-september-as-happened/

Not content with interrupting JP Powell’s side concert, the pandemic also had a crack in his day job.

In mid-March 2020, Powell’s group were halfway through a recording session at the North Carolina studio of Mitch Easter (who produced REM’s debut album) when Covid-19 was declared a pandemic. . Angered by the news, bandmate Hunter Johnson began to think of their bread and butter, literally: the couple co-own two restaurants in Roanoke, southwest Virginia.

Johnson returned Thursday night to check on operations at Lucky and Fortunato. With the recording sessions winding down, Powell called the clock and returned on Friday.

In a few days, “business fell off a cliff.” The governor of Virginia announced a series of orders closing schools, restaurants and bars, leading to a lockdown by the end of March. The cash buffers of around $ 50,000 at each of the restaurants evaporated as regular expenses fell due. Important decisions were announced.

“I might have fired one, two, three people in 10 years,” said Powell, tearfully. “So firing 45 people was just a really heavy experience just firing people.”

Fearing the national unemployment system would be overwhelmed, Powell went to the restaurant bank. “We borrowed $ 70,000 to do payroll and pay our employees an extra week’s salary in case unemployment benefits don’t go out,” he says.

With a dozen full-time employees between them, a year of constant change is now shaping up. Despite being half a block apart, “the two restaurants had different models”; only Lucky could provide alfresco dining when the city permitted.

With the fall wave of Covid-19 cases accelerating, Powell voluntarily suspended indoor dining at both restaurants after Thanksgiving. Winter conditions and a statewide curfew then made the on-the-go model less successful than in the spring.

January and February were “catastrophic” and Fortunato was out of money, Powell says. “Either we were going to shut it down and everyone was going to be unemployed, or we were going to borrow more money and move the ball forward until more funding came in – which he did – or vaccines.” arrive. “

The restaurants applied for loans under the Paycheck Protection Program during the first two rounds of pandemic stimulus packages and also received funding from the City of Roanoke as part of a program to State to support small businesses.

Without the funding, “we would never have stayed open,” says Powell: “It has allowed us to fight and change, adapt and survive the virus. “

There have been times last year that Powell says he thought about quitting the restaurant business, “but when you’re the boss, you can’t fire yourself.” He blew up all his savings and he and his business partner lost about $ 120,000 last year.

Powell is more optimistic about the outlook this year, but still prefers to play it safe in restaurants; something he says customers and staff are grateful for. A return to full employment and business will still take time, says Powell, perhaps in the spring of 2022. “But if it hits 75 percent by September or October [this year], I totally agree with that.

This is the latest in a series for the blog that explores the effects of the pandemic on people and businesses around the world.

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