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||2023||2.5% - 3.0%||NOK 150 million|
|Working capital facility from DNB||2022||2.1%||NOK 150 million|
|Land loans from various Nordic credit institutions||2022 - 2024||1.5% - 2.95%|
|Construction loans from various Nordic credit institutions||2022 - 2024||1.65% - 2.4%|