A zero interest rate environment will hurt the profitability of Norwegian savings banks
by Nordic Credit Rating
Norway's central bank has reduced its key policy rate to zero percent, which is likely to have a negative impact on the country's banks' net interest margins.
viewNCR comments: SpareBank 1 Østfold Akershus 2020Q1 report
by Nordic Credit Rating
Our 'A' issuer and issue ratings for SpareBank 1 Østfold Akershus are unchanged following the publication of its first-quarter results.
viewNCR comments: Offentliga Hus i Norden AB (publ) 2020Q1 report
by Nordic Credit Rating
Our 'BB-' long-term issuer rating for Offentliga Hus i Norden AB (publ) is unchanged following the publication of its first-quarter results.
viewNCR lowers long-term rating on Cabonline Group Holding AB (publ) to 'CCC'; ratings on Watch Developing
by Nordic Credit Rating
Today NCR lowered its long-term and short-term issuer credit ratings on Cabonline to 'CCC/N-4' from 'B/N-3'; The ratings are placed on Watch Developing.
viewNCR comments: Svensk FastighetsFinansiering AB (publ) 2020Q1 report
by Nordic Credit Rating
Our 'BBB+' issuer and issue ratings for Svensk FastighetsFinansiering AB (publ) are unchanged following the maturity of recent bonds and the publication of first-quarter results by its owners.
viewChristian Ringen joins NCR as compliance officer
by Nordic Credit Rating
We are happy to welcome Christian Ringen to Nordic Credit Rating as a compliance officer. Christian Ringen will be based in Oslo and focus on NCR's compliance with applicable laws and regulations, including NCR's registration with the European Securities and Markets Authority (ESMA) and the European credit rating agency regulatory framework EC No 1060/2009. Christian Ringen will amongst other tasks also manage NCR's dialogue with other regulatory counterparties such as the European Banking Authority and Norwegian Finanstilsynet.
viewNCR comments: Sparbanken Rekarne AB 2020Q1 report
by Nordic Credit Rating
Our 'A-' issuer and issue ratings for Sparbanken Rekarne are unchanged following the publication of its first-quarter results.
viewNCR comments: Sparbanken Västra Mälardalen 2020Q1 report
by Nordic Credit Rating
Our 'BBB+' issuer and issue ratings for Sparbanken Västra Mälardalen are unchanged following the publication of its first-quarter results.
viewNCR comments: Vacse AB (publ) 2020Q1 report
by Nordic Credit Rating
Our 'BBB+' issuer and issue ratings for Vacse AB (publ) are unchanged following the publication of its first-quarter results.
viewNCR assigns 'AAA' covered bond issue rating and 'A' long-term issuer rating to Danske Hypotek
by Nordic Credit Rating
NCR assigns a 'AAA' issue rating to covered bonds issued by Sweden-based mortgage company Danske Hypotek AB (publ).
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