Selvaag Bolig has good long-term bank relationships and DNB, Handelsbanken, SR-Bank, SMN and Nordea are its primary bank partners. The group also has credit arrangements with other Norwegian banks.
| Bank loan |
Maturity |
Interest margin |
Credit limit |
|---|
Revolving credit facility
from DNB |
2022 |
3.4% |
NOK 150 million |
Working capital facility
from DNB |
2020 |
2.0% |
NOK 150 million |
| Land loans from various Nordic credit institutions |
2020 - 2024 |
2.0% - 2.5% |
|
| Construction loans from various Nordic credit institutions |
2020 - 2022 |
1.75% - 2.6% |
|