News - Kredinor

Green light for the merger between Kredinor and Modhi

The Norwegian Competition Authority has approved the application for the merger between Kredinor and Modhi, owned by SpareBank 1 Group. The two companies are estimated to combine by the end of the third quarter 2022. The news about the merger has been well received by our clients. The development of the market, increased flexibility of services and the Nordic position are all emphasised as significant advantages of the new Kredinor

Kredinor donates NOK 250,000 to the relief effort in Ukraine

Kredinor wishes to support organisations working to help Ukraine, and has donated NOK 250,000 to the Red Cross for its relief efforts. This money will go directly towards emergency aid that will be trucked into Ukraine.

Members’meeting at Kredinor on 23 March 2022

At the Members’ meeting, Board Chair Sverre Gjessing emphasised the importance of ensuring that members, clients, employees and others feel that Kredinor will continue to operate on the basis of the same high values the company has had for the last 117 years. This means focusing fully on the customer through good customer service and continuous deliveries.

Charlotte Surén to take over as manager for strategic projects at Kredinor

On 1 May, Charlotte Surén, (32) will join Kredinor’s management group, with responsibility for strategic projects. As an external consultant with BDO, she has led the process of restructuring of Kredinor and its merger with Modhi for the past six months.

Banks view merger plan favourably

Kredinor and Modhi, owned by the SpareBank 1 Group, are interested in a merger. This news has been well received by banks that cooperate with Kredinor. A stronger Nordic position has been noted as one of the positive aspects of such a merger.

New CFO at Kredinor

Kredinor has appointed Jakob Bronebakk as its new Chief Financial Officer (CFO). Bronebakk was formerly the head of investor relations at Kongsberg Automotive and will have a vital role in leading Kredinor forward, especially now during this period of change in market and customer needs.