The second quarter of the year was eventful and significant milestones were reached. The merger between former Monobank and BRAbank was successfully completed and consumer finance offerings were launched in Sweden.

Hensikten med fusjonen er å skape en velkapitalisert bank med en bred distribusjonsplattform og fullt finansierte vekstambisjoner.

• Net profit after tax of NOK 16.1 million vs a deficit of NOK 8.8 million in Q4 2018 • The proposed merger with BRAbank approved by AGM • Successful launch of digital consumer finance in Sweden

Monobank har i dag lansert utlånsvirksomhet i Sverige.

I Monobank er de ansatte stolte av å jobbe i en fintech-bank som tilbyr forbrukslån.

• Net loan balance increased 7.4% from Q3’18 to NOK 3.7 billion in Q4’18 on geographical expansion • Increased loan loss provisions affected profitability, Q4’18 net profit of NOK -8,7 million • Net interest income increased to NOK 95.1 million in Q4’18, up 10.4% vs Q3’18 and 70.1% vs Q4’17 • Monobank to merge with BRAbank, creating a well-positioned bank with a strong capital base

On 8 February 2019, Monobank ASA (Monobank) and BRAbank ASA (BRAbank) entered into a merger agreement, with the intent to create a well capitalised bank with a broad distribution platform and fully funded growth ambitions.

Monobank skal vise frem sin kredittkort-app Mono Pay for Europas finans- og fintech-bransje i London.

En enkel, sikker og rask betalingsmåte.