Morrow Bank MOBA - (tidl Komplett Bank (KOMP))

TekBot · mars 20, 2019, 1:54pm

20/03-2019 14:54:15: (KOMP) Disclosure notice - Komplett Bank

As a result of the share capital increase in Komplett Bank ASA which took place
on 18 March 2019 the aggregate shareholdings in Komplett Bank ASA of funds
managed by subsidiaries of Julius Baer Group Ltd was reduced below 5%. The
…

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shareholding was further reduced as a result of a sale by Kairos International
Sicav (KIS) - subfund Pegasus Ucits, a fund managed by Kairos Partners SGR
S.p.A, of 16,046 shares in Komplett Bank ASA on 18 March 2019. Kairos Partners
SGR S.p.A is an indirectly wholly owned subsidiary of Julius Baer Group Ltd.
Following this sale, funds managed by subsidiaries of Julius Baer Group Ltd own
a total of 8,707,364 shares in Komplett Bank ASA. After the share capital
increase on 18 March 2019, this is equal to 4.77 % of the share capital of
Komplett Bank ASA.

http://www.netfonds.no/quotes/release.php?id=20190320.OBI.20190320S82

TekBot · mars 26, 2019, 9:27am

26/03-2019 10:26:23: (KOMP) Minutes from general meeting

TekBot · april 3, 2019, 12:04pm

03/04-2019 14:03:16: (KOMP) Renteregulering

TekBot · april 11, 2019, 4:48pm

11/04-2019 18:47:57: (KOMP) Increase of Share Capital Registered

TekBot · mai 3, 2019, 3:20pm

03/05-2019 17:20:12: (KOMP) Komplett Bank ASA: Invitation to Q1 2019 results presentation

Komplett Bank will publish its interim report for Q1 2019 on Thursday, 9 May at
07:00 CEST. The quarterly report and presentation materials will be made
available online at www.komplettbank.no/om-komplett-bank/ and www.newsweb.no.
…

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CEO, Jan Haglund will present the company’s results at 08:30 CEST at Felix
Konferansesenter, Bryggetorget 3, Oslo.

The presentation and following Q&A session will be conducted in English and can
be followed live via webcast at:

https://webtv.hegnar.no/presentation.php?webcastId=97815724.

It will be possible to ask questions online.

For further information, please contact:
Jan Haglund, CEO
tel: +46 70 600 2061
email: [email protected]

About Komplett Bank ASA
Komplett Bank is a focused Nordic digital niche bank offering personal loans,
credit cards, deposit accounts and online point-of-sales finance products to
consumers. The target group is creditworthy customers with stable personal
finances and no payment remarks. Credit risk is managed largely by automated
processes for credit assessment and underwriting. The bank has a diversified and
balanced distribution model utilizing both public and proprietary channels.
Operational efficiency and low cost is a foundation for Komplett Bank and is
enabled by centralized operations, modern systems and digital set-up.

To learn more, visit www.komplettbank.no

This information is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.

http://www.netfonds.no/quotes/release.php?id=20190503.OBI.20190503S106

TekBot · mai 7, 2019, 11:21am

07/05-2019 13:21:12: (KOMP) Komplett Bank ASA: Pillar 2 capital buffer requirement received

The Financial Supervisory Authority of Norway has completed Komplett Bank’s
Supervisory Review and Evaluation Process (SREP) and set the Bank’s Pillar 2
buffer requirement to 6.5% of risk-weighted assets.
…

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The resulting minimum requirement for common equity tier 1 capital for Komplett
Bank will be 18.2% effective as of 30 June 2019.

At the end of the first quarter 2019, Komplett Bank had a common equity tier 1
capital ratio of 21.8%, above the new regulatory requirement. The Bank has a
strong capital position and expects to remain well capitalised going forward.

Komplett Bank received the new Pillar 2 buffer requirement today, and Komplett
Bank will, in consultation with its advisors, consider appealing the decision to
the Norwegian Ministry of Finance.

For further information, please contact:
Jan Haglund, CEO
tel: +46 70 600 2061
email: [email protected]

About Komplett Bank

Komplett Bank is a focused Nordic digital niche bank offering personal loans,
credit cards, deposit accounts and online point-of-sales finance products to
consumers. The target group is creditworthy customers with stable personal
finances and no payment remarks. Credit risk is managed largely by automated
processes for credit assessment and underwriting. The bank has a diversified and
balanced distribution model utilizing both public and proprietary channels.
Operational efficiency and low cost is a foundation for Komplett Bank and is
enabled by centralized operations, modern systems and digital set-up.

To learn more, visit www.komplettbank.no

This information is subject to the disclosure requirements pursuant to section 5
-12 of the Norwegian Securities Trading Act.

http://www.netfonds.no/quotes/release.php?id=20190507.OBI.20190507S66

TekBot · mai 9, 2019, 5:01am

09/05-2019 07:00:00: (KOMP) Komplett Bank ASA: Q1 2019 results - Well capitalised and positioned for continued diversified growth

Highlights

Net loans grew by NOK 58.6 million in the quarter and by NOK 1,988 million
(34%) from Q1 2018
…

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Growth in Norway was impacted by regulatory developments, forward flow NPL
sales and targeted credit measures implemented after Q3 2018

Currency adjusted growth in Finland and Sweden was stable in the quarter

Operating costs impacted by NOK 8 million in non-recurring costs driven by
regulatory changes and strategic projects

Losses on loans were NOK 72.3 million, resulting in a loan loss ratio of 3.7%
(Q4 2018: 3.8%)

ROE was 18.8%, down from 25.4% in Q4 2018

CET1 ratio was 21.8% at end of Q1 2019, up from 20.0% at the end of Q4 2018

In May, Komplett Bank received a Pillar 2 requirement of 6.5%, bringing total
CET1 requirement to 18.2% effective as of 30 June 2019

Commenting on the results, CEO Jan Haglund, said:

"Q1 2019 was an extraordinary quarter in which regulatory developments and
processes in Norway had a negative impact on both growth and profitability. In
our other markets, growth remained stable and we are expecting positive
developments, particularly in Finland, going forward. We have also completed our
soft launches for credit cards in Sweden and Finland, which we expect will
contribute additional growth, as we scale up our marketing activities for these
products.

After the end of the quarter, we received a new Pillar 2 requirement, which
increased our CET1 capital requirement to 18.2%. At the end of the first
quarter, Komplett Bank was well capitalised with a CET1 ratio of 21.8% and our
strong capital position is further supported by solid profitability and a
significant capacity for additional AT1 and T2 capital.

Going forward, we are launching a new consumer lending product suite to
strengthen our competitive position in Norway, starting with a new annuity loan
product in May, 2019. We see significant growth potential within all our
existing products and markets and will continue to execute on our strategic
roadmap by remaining focused on developing our current product lines to deliver
sustainable growth and value creation to our stakeholders."

The Q1 2019 report and presentation materials are attached to this notice and
can be found at https://www.komplettbank.no/om-komplett-bank/

On 7 May 2019, the bank received a final report from the FSA, following an
on-site inspection conducted in November 2018. A short regulatory update
presentation covering key remarks made by the FSA in its report is also attached
to this notice.

Komplett Bank CEO Jan Haglund will present the company’s results and the
regulatory update presentation today at 08:30 CEST at Felix Konferansesenter,
Bryggetorget 3, Oslo.

A live webcast of the presentation and the following Q&A session can be followed
at:

https://webtv.hegnar.no/presentation.php?webcastId=97815724

It will be possible to ask questions online.

For further information, please contact:
Jan Haglund, CEO
tel: +46 70 600 2061
email: [email protected]

About Komplett Bank ASA
Komplett Bank is a focused Nordic digital niche bank offering personal loans,
credit cards, deposit accounts and online point-of-sales finance products to
consumers. The target group is creditworthy customers with stable personal
finances and no payment remarks. Credit risk is managed largely by automated
processes for credit assessment and underwriting. The bank has a diversified and
balanced distribution model utilizing both public and proprietary channels.
Operational efficiency and low cost are a foundation for Komplett Bank and is
enabled by centralized operations, modern systems and digital set-up.

To learn more, visit www.komplettbank.no

This information is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act

http://www.netfonds.no/quotes/release.php?id=20190509.OBI.20190509S4

Evilfreud · mai 15, 2019, 2:38pm

TekBot · mai 22, 2019, 1:29pm

22/05-2019 15:28:02: (KOMP) Disclosure notice - Komplett Bank

On 20 May 2019, funds managed by subsidiaries of Julius Baer Group Ltd acquired
a total of 183,704 shares in Komplett Bank ASA, of which Kairos International
Sicav (KIS) - subfund Pegasus Ucits, a fund managed by Kairos Partners SGR
…

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S.p.A, acquired 60,876 shares and Kairos Pegasus Fund SA, a fund managed by
Kairos Investment Management Limited, acquired 122,828 shares, thereby passing
the 5% disclosure threshold. Kairos Investment Management Limited is a wholly
owned indirect subsidiary of Kairos Investment Management SpA, which, in its
turn, is a wholly owned subsidiary of Julius Baer Group Ltd. Kairos Partners SGR
S.p.A is a direct subsidiary of Kairos Investment Management SpA, which, in its
turn, is a wholly owned subsidiary of Julius Baer Group Ltd. Following these
transactions, funds managed by subsidiaries of Julius Baer Group Ltd own a total
of 9,197,864 shares in Komplett Bank ASA, equal to 5.03% of the total number of
shares and votes in Komplett Bank ASA.

http://www.netfonds.no/quotes/release.php?id=20190522.OBI.20190522S93

TekBot · mai 24, 2019, 6:49am

24/05-2019 08:48:14: (KOMP) Komplett Bank ASA: Henning Fagerbakke confirmed as permanent CFO

Komplett Bank today announces that Henning Fagerbakke has been named CFO of
Komplett Bank on a permanent basis. He has held the position of acting CFO since
January 2019.
…

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Mr. Fagerbakke has been with Komplett Bank since June 2017, first as Finance
Manager and later as acting CFO. He is an experienced finance professional and
authorised public accountant with a background including several years as senior
auditor and manager at KPMG Norway as well as business controller at Gresvig AS.

For further information, please contact:
Jan Haglund, CEO
tel: +46 70 600 2061
email: [email protected]

About Komplett Bank ASA
Komplett Bank is a focused Nordic digital niche bank offering personal loans,
credit cards, deposit accounts and online point-of-sales finance products to
consumers. The target group is creditworthy customers with stable personal
finances and no payment remarks. Credit risk is managed largely by automated
processes for credit assessment and underwriting. The Bank has a diversified and
balanced distribution model utilising both public and proprietary channels.
Operational efficiency and low cost make up the foundation for Komplett Bank,
enabled by centralised operations, modern systems and a digital set-up.

To learn more, visit www.komplettbank.no

This information is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act

http://www.netfonds.no/quotes/release.php?id=20190524.OBI.20190524S23

tswbeta · juni 16, 2019, 7:42pm

Seriøs panikk her for tiden. Må jo være garantert 100% avkastning på et par år for dem som får denne til 9-10 kr…

TekBot · juni 25, 2019, 5:11am

25/06-2019 07:10:45: (KOMP) Komplett Bank ASA - Proposed changes to the board of directors

The nomination committee of Komplett Bank ASA has been notified that Ms Live
Haukvik has requested to be released from her duties as Chair of the Board. The
request is due to a long-lasting situation with an extraordinary work load for
…

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the Chair of the Board, which over time has become increasingly challenging to
combine with Ms Haukvik’s full time employment as CFO at Komplett Group. The
nomination committee recommends that Mr Stig Eide Sivertsen is elected as new
Chair of the Board and that Live Haukvik is re-elected as ordinary board member.

The Nomination Committee has discussed the situation with shareholders and
current members of the board and concluded that the following would be
recommended for the extraordinary general meeting to be held on 13 August 2019:

Stig Eide Sivertsen is elected as new Chair of the Board of Komplett Bank ASA.

Live Haukvik is elected as a new ordinary board member and resigns from the
position as Chair of the Board of the Bank.

Harald Hjorthen is elected as a new board member to replace Casper Wakefield,
who has served as board member since 2013, when the bank received its license.

Stig Eide Sivertsen (60) has served as independent board member since 2018. He
will ensure continuity at the board and will at the same time have the capacity
needed to lead the various processes that are ongoing. Mr Sivertsen has broad
operational experience from technology, media and finance as well as extensive
experience as a board member of listed companies. As a new Chair of the Board,
Mr Sivertsen will bring relevant experience from the financial markets as well
as extensive knowledge of the introduction and use of new technology in
traditional markets. Stig Eide Sivertsen is a Norwegian citizen and owns no
shares or options in Komplett Bank as of today.

The Nomination Committee would like to thank Mr Wakefield for his valuable
contributions during his six years of service, based on his extensive experience
from leading positions in international financial services companies. In
response to desires from shareholders to strengthen the capital markets
expertise at the board, the nomination committee proposes a somewhat different
composition of competencies at the board and recommends that Mr Harald Hjorthen
is elected as new board member to replace Mr Casper Wakefield as board member.

Harald Hjorthen (41) has extensive experience from the financial industry,
starting as a credit analyst at DNB Shipping in 2001. He has extensive
consulting experience within core solutions for credit and funding at
BearingPoint as well as from Kistefos, a pioneer in Norwegian fintech
investments. In 2007, Mr Hjorthen joined Norges Bank Investment Management
(NBIM), where he managed the fund’s credit exposure to the distressed US
mortgage market throughout the financial crisis. He stayed on as portfolio
manager at NBIM until 2013, when he left to join former NBIM colleagues in
building Trient Asset Management. Since 2016, Mr Hjorthen has managed a family
office, Sniptind Invest AS, which currently holds 2,639,699 shares in Komplett
Bank. He privately owns 80,000 shares in Komplett Bank and is a Norwegian
citizen.

In its assessment, the Nomination Committee has assumed that both Mr Sivertsen
and Mr Hjorthen qualify as independent of the company’s leading employees,
significant business associates and principal shareholders, cf. the Norwegian
Code of Practice for Corporate Governance. The election to Komplett Bank’s Board
of Directors will take place in the company’s extraordinary general meeting on
13 August 2019. Notice of the extraordinary general meeting will follow in a
separate announcement.

For enquiries to the Chair of the Nomination Committee, please contact:

Komplett Bank ASA
Jan Haglund, CEO
tel: +46 70 600 2061
email: [email protected]

About Komplett Bank ASA
Komplett Bank is a focused Nordic digital niche bank offering personal loans,
credit cards, deposit accounts and online point-of-sales finance products to
consumers. The target group is creditworthy customers with stable personal
finances and no payment remarks. Credit risk is managed largely by automated
processes for credit assessment and underwriting. The Bank has a diversified and
balanced distribution model utilising both public and proprietary channels.
Operational efficiency and low cost make up the foundation for Komplett Bank,
enabled by centralised operations, modern systems and a digital set-up.

To learn more, visit www.komplettbank.no

This information is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.

Kilde

TekBot · juni 25, 2019, 5:12am

25/06-2019 07:11:34: (KOMP) Komplett Bank ASA - Notice of extraordinary general meeting

TekBot · juni 26, 2019, 1:26pm

26/06-2019 15:25:49: (KOMP) Increase of Share Capital Registered

TekBot · juli 3, 2019, 5:30am

03/07-2019 07:30:00: (KOMP) Komplett Bank: Comment on FSA’s notified administrative fee

Finanstilsynet (the Financial Supervisory Authority of Norway) on the 1 July
2019 notified Komplett Bank ASA of an anti-money laundering (AML) administrative
fee of NOK 18 million. The fee marks the conclusion of the FSA’s separate follow
…

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up on AML as noted in the final report published by the FSA on 10 May 2019.

No money laundering activities or attempted money laundering activities were
found in the inspection.

Commenting on the decision, CEO Jan Haglund, said:

“Komplett Bank acknowledges that the internal routines have previously not
reflected the complexity of the AML regulations. We accept the administrative
fee and emphasize that Komplett Bank, since the site inspection took place, has
taken significant measures to ensure compliance. Banks and the financial
industry play an increasingly important role in combating money laundering, in
close cooperation with public authorities and other institutions.”

“During 2019, the Bank has reviewed the overall risk assessment and restructured
how Komplett Bank works with AML, including but not limited to, improved
governance and reporting, re-organised key functions, strengthened resource
levels, implemented a targeted training programme for all employees and reviewed
all processes, including the onboarding and transaction monitoring processes.
Komplett Bank is strongly committed to continue its efforts to ensure compliance
with all relevant rules and regulations.”

Live Haukvik, Chair of the Board, would like to add:

“We appreciate and acknowledge the vigour and dedication shown by Jan Haglund,
since being made CEO of the Bank in January 2019, to identify shortcomings,
initiate corrective actions and execute on the issues raised by the FSA, and at
the same time run a commercial bank.”

The administrative fee will be booked as an expense in Q2 2019 and it will be
paid in Q3 2019.

For further information, please contact:
Jan Haglund, CEO
tel: +46 70 600 2061
email: [email protected]

About Komplett Bank ASA
Komplett Bank is a focused Nordic digital niche bank offering personal loans,
credit cards, deposit accounts and online point-of-sales finance products to
consumers. The target group is creditworthy customers with stable personal
finances and no payment remarks. Credit risk is managed largely by automated
processes for credit assessment and underwriting. The Bank has a diversified and
balanced distribution model utilising both public and proprietary channels.
Operational efficiency and low cost make up the foundation for Komplett Bank,
enabled by centralised operations, modern systems and a digital set-up.

To learn more, visit www.komplettbank.no

This information is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act

Kilde

Evilfreud · juli 3, 2019, 6:10am

esplu · juli 3, 2019, 8:16am

Komplett bank virker som et bra kjøp nå, selv med en bot i trynet. Hva tenker dere? Selv med moderate vekstrater og en stor sikkerhetsmargin kommer min innkjøpspris på over dagens kurs.

Evilfreud · juli 3, 2019, 9:50am

Jeg følger med på denne og andre selskaper.

Er litt spent på hvordan gjeldsregisteret slår inn og hvordan evt ny lovgivning blir, siden det nå er hintet/varslet om strengere lovgivning.

Uansett mener jeg KomplettbAnk har en stor styrke i at de kan sanke kunder fra komplettsystemet.

tswbeta · juli 3, 2019, 10:10am

Om du kan sitte på den ett år så er det penger på gata tenker jeg.

pleximus83 · juli 3, 2019, 10:34am

Komplett Bank er en diamant som trenger finsliping fremover.

Verdien man vil få om noen år blir super!