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Noba Bank Group AB ( (SE:NOBA) ) has provided an announcement.
NOBA Bank Group AB has successfully issued SEK 750 million in Additional Tier 1 notes, which are perpetual with a first call date five years after issuance. The notes, which will be listed on Nasdaq Stockholm, reflect the bank’s strategic financial maneuvers to strengthen its capital structure, potentially enhancing its market position and stakeholder confidence.
The most recent analyst rating on (SE:NOBA) stock is a Buy with a SEK123.00 price target. To see the full list of analyst forecasts on Noba Bank Group AB stock, see the SE:NOBA Stock Forecast page.
More about Noba Bank Group AB
NOBA Bank Group AB is a financial institution with a diversified offering through its three brands: Nordax Bank, Bank Norwegian, and Svensk Hypotekspension. Serving over two million customers, NOBA focuses on providing specialized, customer-centric financial services that promote financial health. The group operates in eight markets, employs more than 680 full-time employees, and is listed on Nasdaq Stockholm.
Average Trading Volume: 1,151,584
For a thorough assessment of NOBA stock, go to TipRanks’ Stock Analysis page.