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