Bluestep Bank Announces Acquisition of Bank2 Closed on October 31st

Bluestep Bank AB (publ) (“Bluestep Bank”) is pleased to announce that the acquisition of Bank2 ASA (“Bank2”) by Bluestep Bank was finalized on Tuesday, October 31st, 2023. Together, the two financial institutions will embark on a shared mission to challenge the mortgage market in Norway.

Bluestep Bank's acquisition of Bank2 signifies a significant step towards this vision, allowing them to combine their expertise and resources to provide innovative mortgage solutions tailored to the needs of their customers.

In pursuit of this mission, Bluestep Bank and Bank2 will work collaboratively to enhance accessibility of specialized mortgages for individuals and families in Norway. The acquisition will enable the institutions to leverage their collective strengths, ensuring a seamless transition and the continued delivery of exceptional financial services to their customers.

“We are excited to move forward with the acquisition of Bank2, which will strengthen our ability to serve our customers in Norway," says Björn Lander, CEO of Bluestep Bank. “The synergy between our organizations will enable us to offer unparalleled mortgage solutions, tailored to our customers' unique needs. We are excited about the opportunities this partnership presents and are committed to enhancing financial accessibility for our customers."

At the end of September, the Financial Supervisory Authority of Norway (Finanstilsynet) granted the Bluestep Bank/Bank2 acquisition. This was the third and final body to give its approval together with the Norwegian Competition Authority (Konkurransetilsynet) and the Financial Supervisory Authority of Sweden (Finansinspektionen).

For further information, please contact:
Juan Navas, Head of Corporate Communication, Bluestep Bank
+46 70 306 2245
juan.navas@bluestep.se

Or visit: www.bluestepbank.com