Lea Bank ASA

Company Description

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Lea Bank ASA, formerly Brabank ASA is a Norway-based digital bank with Nordic distribution platform. The bank provides offers loans, savings, invoice sales and payment services for private and the corporate market. The bank's focus products are unsecured loans to private individuals in the Nordic region, attractive deposit products, and invoice purchases and loans to small and medium-sized companies. The bank is a fully digital and develops new services based on modern banking technology. Consumption financing is main product area and the bank has one European scalable distribution model. The bank provides cloud-based IT solutions with a focus on customer experiences and attractive partner offer.

Year founded

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2003

Served area

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Norway

Headquarters

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Holbergs gate 21, 0166 Oslo – Norway

Shares outstanding

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94,840,526

IPO

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Oct. 2, 2020

Stock exchange(s)

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Euronext Oslo