Operating in Norway and Denmark since July 2014 under the brand Ekspres Bank which was acquired during the integration of the LaSer Group, BNP Paribas Personal Finance is today extending its activities in Sweden with the acquisition of SevenDay Finans AB which has thus joined the scope of operations of Ekspres Bank.
SevenDay Finans AB, is a Swedish credit company based in Stockholm and specialising in consumer credit. It also has a savings product offering. It has steadily increased its activity since it was created in 2007. It has assets worth 6.4 billion Swedish crowns (SEK). Its 70,000 customers benefit not only from credit and insurance solutions but also from savings products.
Christophe Jehan, Director of Ekspres Bank Nordics at BNP Paribas Personal Finance: “Sweden is the largest market of the Scandinavian countries and therefore a key country for the development of Ekspres Bank, a BNP Paribas Personal Finance brand in this region. We now cover all the Scandinavian countries and can, therefore, offer all our Nordic partners a structure on a regional scale. For us, SevenDay Finans AB is the ideal partner because of its experience and expertise, especially in the brokerage field.”
Laurent David, CEO of BNP Paribas Personal Finance said “We are happy and proud to welcome the teams of SevenDay Finans within Personal Finance in order to write together a new chapter of our history. Thanks to this acquisition, Ekspres Bank will double its business, expand its offering to savings products and consolidate its position on the Scandinavian consumer credit market. We have very strong ambitions in this region which is already highly digitised, digital and which has a stable economy. We are very happy to be able to bring Swedish people the effective and responsible solutions that characterise BNP Paribas Personal Finance whether it is through a direct relationship with our partners or through intermediates. ”