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Komplett Bank ASA ( (DE:KBN) ) has issued an update.
Komplett Bank ASA has announced the approval by the Norwegian Financial Supervisory Authority for the merger between Morrow Bank ASA and Morgon Finans AB, which will be renamed Morrow Bank AB. This merger, which still awaits approval from the Swedish FSA, will result in Morgon Finans AB, holding a Swedish banking license, becoming the surviving entity, potentially strengthening its market position in the Nordic banking sector.
More about Komplett Bank ASA
Average Trading Volume: 574,849
Current Market Cap: NOK2.68B
For a thorough assessment of KBN stock, go to TipRanks’ Stock Analysis page.