Morrow Bank divests €72m Finnish non-performing loans to Silver Point Capital

Morrow Bank ASA has agreed to sell a portion of its non-performing unsecured loans (NPLs) in Finland to Silver Point Capital. The transaction, valued at approximately €72 million in gross book value, is expected to close before the end of Q3 2025. This strategic move aims to reduce the bank's NPL exposure risk and enhance capital ratios.

The Oslo-listed Nordic niche bank, specializing in personal loans, credit cards, and deposit accounts, stated the sale will not impact its profitability.

Silver Point Capital, a global credit investing firm, will acquire the NPL portfolio. This information was disclosed on September 5, 2025, and is considered inside information under EU Market Abuse Regulation.