NCR Comments: OBOS BBL 'BBB-' rating and outlook unchanged despite weak 2025 revenues

EBITDA and credit metrics supported by bank and JV payouts, offsetting weak residential development.

Andøya Space AS assigned 'BBB-' long-term issuer rating; Outlook stable

Rating reflects government ownership and important policy role.

NCR comments: Trøndelag Sparebank considers merger

Merger with Ørland Sparebank to strengthen position in the Fosen region.

Aasen Sparebank 'BBB+' long-term issuer rating affirmed with stable outlook

The affirmation reflects the bank's low risk appetite, solid capital position, diverse access to funding and strong earnings.

Haugesund Sparebank long-term issuer rating raised to 'A-'; Outlook stable

Upgrade driven by stronger capital and reduced uncertainty after merger completion.

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Sparebank 1 Gudbrandsdal

NCR comments: Södra Skogsägarna 'BBB+' rating and stable outlook unchanged following weaker-than-expected market development

Weaker operating performance offset by strengthened financial position from sale of Baltic forest.

Svensk FastighetsFinansiering AB (publ)

Sparebank 68° Nord 'A-' long-term issuer rating affirmed with stable outlook

The affirmation reflects low risk appetite, solid capital position, diverse access to funding and strong earnings.