Non-performing loans continue to rise across sector.
viewRating revision reflects likelihood of improvements in asset quality.
viewOn 24 Sep 2024, Nordic Credit Rating publishes a sector commentary on the real estate sector. In connection with this publication, the analytical team will present their view of the sector and its outlook.
viewDelay follows credit losses of NOK 77m at Tysnes Sparebank.
viewNo significant impact on credit profile likely.
viewClarification on defining distressed exchanges and defaults.
viewRating reflects strong earnings and capital position, and low risk appetite.
viewNordic Credit Rating invites you to join our webinar focusing on our view of the Q2 2024 results and the outlook for the Nordic niche banks. We will cover banks' earnings, asset quality and capital, as well as recent events and trends for the sector. In addition, we'll discuss the recent announcements that Norway-based Lea Bank will move operations to Sweden as well as Morrow Bank's similar interest. We will also address Marginalen Bank's capital situation and the announcement that its owner company is working on refinancing capital instruments.
viewRating reflects our expectations of a rebound in revenues and earnings.
viewRating reflects prime location of assets and enhanced real estate portfolio.
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