On Thursday 16 February, Monobank announced the successful listing on Merkur Market, with commenced trading today. This listing represents ABG Sundal Collier`s first listing on the new marketplace, and is a strategic milestone for Monobank`s growth.

About Monobank

Monobank ASA was granted its banking licence from the Financial Supervisory Authority of Norway on 1 June 2015 and commenced regular banking operations on 19 November later that year. The Company offers unsecured lending to private individuals in Norway. Loans are granted in sizes from NOK 25,000 to NOK 500,000 on flexible terms adapted to the applicant’s needs as well as their financial ability to service the loan. The Company also offers savings accounts with attractive deposit rates. The bank is headquartered in Bergen and currently employs 21 full-time employees.
Monobank ASA is registered on the NOTC list (a Norwegian information system for unlisted shares) as of 22 February 2016 with ticker code MONO.

Published: 31 Mar, 2017