Entercard agrees on loan sale; Swedbank A stock trades at EUR 35.98
Published on 10/03/2026 at 10:52 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Entercard, a wholly owned subsidiary of Swedbank AB, agreed on September 18, 2026, to sell the non-performing part of its consumer finance portfolio to Brocc Finance and Intrum, according to Swedbank AB investor news published via Nasdaq. In weekend trading at Lang & Schwarz, Swedbank A stock was EUR 35.98 at 10:49 a.m. CEST on October 3, 2026, unchanged versus the EUR 35.98 close at Lang & Schwarz on October 2, 2026.
Weekend trading
The non-performing portfolio amounts to around SEK 4 billion. The further course of weekend trading at Lang & Schwarz until 1:00 p.m. CET/CEST is shown by the continuously updated real-time quote of Swedbank A stock.
Loan portfolio agreement
Swedbank said the transaction is expected to produce a positive revaluation of expected credit losses of approximately SEK 0.5 billion in the third quarter. It also expects a capital benefit of approximately 3 to 5 basis points at closing and approximately SEK 100 million in lower annual net interest income. The transaction is expected to close in the fourth quarter, subject to customary closing conditions and regulatory approvals, according to Swedbank AB investor news published via Nasdaq.
Next Xetra session
The next Xetra session is scheduled for October 5, 2026.
