Finance

Sweden’s NOBA Bank Expands Its Strategic Review to Include IPO

Jacob Lundblad

Photographer: Maria Cruseman/NOBA Bank Group AB

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Swedish lender NOBA Bank Group AB says it’s evaluating a possible initial public offering, confirming an earlier report by Bloomberg News.

“The strategic review that was announced in Q3 2023 was expanded to also include a potential public listing of the company,” the group said as part of its quarterly earnings report, published on Wednesday.