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Maritime & Merchant Bank ASA
Haakon VIIs gate 1
Phone: +47 22398370p:+47 22398370 OSLO, 0161  Norway Ticker: MMBANKMMBANK
Business Summary
Maritime & Merchant Bank ASA is a Norway-based specialized bank for the shipping and offshore industry. The Bank offers term loans for financing of ships, typically underwriting approximately 50% of the market value. The Bank's loan portfolio is secured by first priority mortgages on the vessels in addition to other types of collaterals. The Bank's customers comprise primarily small and middle-sized shipping companies and joint ventures in Norway and abroad. Maritime & Merchant Bank ASA secures funding for its lending and investment activity by inviting deposits from private clients via online channels.
(Source: 10-K405)

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
-------

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
12/31/202312/31/2023Yes----

Industries
SIC Code Description
6211 Security brokers, dealers, and flotation companies
6035 Savings institutions, federally chartered

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Chairman of the Board EndreRosjo 75
Chief Executive Officer HalvorSveen
Chief Financial Officer TorStenumgaard
7 additional Officers and Directors records available in full report.

General Information
Number of Employees: 27 (As of 12/31/2023)
Outstanding Shares: 81,700,480 (As of 12/31/2023)
Shareholders: 49
Stock Exchange: NFF


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Wednesday, April 24, 2024