Press release —
Brocc Finance to Acquire SEK 6.2 bn Non-Performing Loan Portfolio from Norion Bank
Stockholm, Sweden – August 3, 2026 – Brocc Finance AB ("Brocc"), a Specialized Debt Manager authorized as a Swedish credit institution today announced that it has entered into an agreement with Norion Bank AB (publ) (“Norion”) to acquire a portfolio of non-performing loans ("NPL") held by Norion, a Swedish niche bank. The portfolio is comprised of over 500,000 individual exposures with a total gross outstanding balance of SEK 6.2bn, originated across Sweden, Finland and Norway.
The transaction is expected to close before the end of 2026.
Jonathan Klein-Strandberg, CEO of Brocc, commented:
“This transaction represents one of the largest primary NPL acquisitions ever executed in the Nordics and strengthens Brocc’s position in the local market. It reflects the confidence banks place in our platform and the scalability of our business model as we expand our footprint across the region. This is what Brocc was built for — turning complex credit situations into stability for individuals, businesses and institutions across Europe.”
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Brocc Finance AB is a technology-driven credit institution operating in unsecured non-performing loans (NPLs) across Europe and providing specialized consumer finance solutions in Sweden and Finland. Founded in 2016, Brocc became an authorized credit institution in 2021. In 2025, Brocc was acquired by affiliates of Cerberus Capital Management, L.P. Brocc empowers consumers with greater financial freedom and flexibility, while helping banks and institutions manage credit risk and unlock capital — delivered through exceptional customer experience, operational efficiency, data-driven insights, and efficient funding.
For more information, visit www.broccfinance.com.
