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Resurs Bank extends and increases its ABS financing

In line with Resurs’s strategy of long-term diversified financing, Resurs Bank is extending and increases its existing ABS financing. The financing framework increases from SEK 3 billion to SEK 4 billion and is being carried out with J.P. Morgan.

Resurs Bank has signed an agreement to extend the existing ABS financing. It comprises a securitisation of consumer loans, which is a form of structured financing known as asset-backed securities (ABS).

The extension means that a new revolving period has now commenced and the financing framework increases.

– We are proud of our long partnership with J.P. Morgan, and having access to diversified financing is something that Resurs have worked actively with for a long time, says Sofie Tarring Lindell, CFO and Head of IR at Resurs.

MORE INFORMATION:
Sofie Tarring Lindell, CFO and Head of IR, +46-73-644 33 95, sofie.tarringlindell@resurs.se
Martin Johansson, Head of Treasury, +46-73-661 21 65, martin.johansson@resurs.se

ABOUT RESURS
Resurs is a leading bank in the Nordics with a simple philosophy: we want to create balance in people’s personal finances. On that foundation, we develop offers and services within loans, savings and payments for retail and e-commerce that are based on people’s everyday lives, and that will create long-term value for our customers and for society. Today, we have a customer base of approximately 6 million customers and 663 employees in the Nordic region.

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Resurs Bank extends and increases its ABS financing

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23 oktober 2024