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Avanza Bank Holding |
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Avanza increases its holding in Stabelo

Since April, Avanza, in partnership with Stabelo, has offered mortgages without complicated negotiations or requiring customers to also sign up for other services - now at an interest rate of 1.24%. Stabelo has recently completed a new share issue, and Avanza Bank Holding AB increased its holding in Stabelo to nearly 30 per cent, from just under 20 per cent.

“Stabelo is a start-up with very exciting potential. When Stabelo issued new shares, we saw it as a good opportunity to strengthen our collaboration as an owner as well. Stabelo’s mortgages are a competitive alternative for Swedish borrowers and our customers, at the same time that we are convinced it will be a good deal for our owners too,” says Rikard Josefson, CEO of Avanza.

“Avanza is a very good partner with a strong brand, good reputation and extensive distribution. I can’t think of a better partner to reach large customer groups, at the same time that we share the same values and optimism about the future,” says Wilhelm Moberg, CEO of Stabelo Group AB.

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