Lysaker, Norway, 4 September 2025 - Morrow Bank(the Bank) today announced it has entered into a definitive agreement with Silver Point Capital, a leader in global credit investing, to sell a part of the Bank’s non-performing unsecured loans (NPL) in Finland, representing a gross book value of approximately EUR 72 million. 

The transaction will reduce the Bank’s NPL exposure risk, improve capital ratios and will not affect profitability. The transaction is expected to close before the end of Q3 2025. 

About Morrow Bank
Morrow Bank is a Nordic niche bank offering personal loans, credit cards and deposit accounts to consumers. The target group is creditworthy individuals with stable personal finances and no payment remarks. Credit risk is managed largely by automated processes for credit assessment and underwriting. The Bank has a diversified and balanced distribution model utilizing both public and proprietary channels. Operational efficiency and low cost are a foundation for Morrow Bank and are enabled by centralized operations, modern systems and digital set-up. To learn more, visit ir.morrowbank.com 

About Silver Point Capital
Silver Point Capital is a leading global credit investing firm founded in 2002. With a dedicated team of over 370 employees, the firm oversees the management of approximately $40 billion in investable assets across a comprehensive credit platform that includes public and private investment strategies. For more information, please visit www.silverpointcapital.com.

For further information, please contact: Eirik Holtedahl, CFO tel: +47 96912291 email: ir@morrowbank.com 


This information is considered to be inside information pursuant to the EU Market Abuse Regulation article 7 and is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act. This stock exchange announcement was published by Henning Fagerbakke, Head of Finance, Morrow Bank ASA, on 5 September 2025 at 08:00 CEST.