Nordic Credit Rating invites you to our upcoming webinar focusing on Nordic local and regional governments. Join us for an insightful session where we unveil our new rating methodology and share our views of the institutional frameworks and credit characteristics of local and regional governments across the Nordics.
Whether you are a government official, investor, or banking professional, this event will provide you with a better understanding of our rating approach and current views.
Sparbanken Alingsås is one of Sweden's largest savings banks in terms of total business volumes (including transferred loans, plus external and other off-balance-sheet products). The bank operates in four municipalities in the county of Västra Götaland in southwestern Sweden; Alingsås, Lerum, Herrljunga, and Vårgårda, with a minor presence in nearby Gothenburg, the country's second-largest city. Together, the four core markets have just over 100,000 inhabitants, many of whom commute into Gothenburg.
Fredrikstad Energi, which can trace its roots back to 1895, is a Norwegian power distribution system owner and operator serving over 100,000 customers in seven municipalities located in four of the country's regions through subsidiary Norgesnett. The company also holds stakes in infrastructure service companies and energy retailers, although the grid business dominates revenues and earnings generation. The company is owned by Fredrikstad municipality (51%) and Hafslund (49%), which is wholly owned by Oslo municipality.
Skue Sparebank was formed in 2013 from the merger of Nes Prestegjelds Sparebank and Hol Sparebank, after which it merged with Hønesfoss Sparebank in 2020. Today, the bank has 10 offices spread across most of Buskerud County. The bank is a member of the Eika alliance. It has equity capital certificates that trade on the Oslo Stock Exchange.
Orkla Sparebank is an independent savings bank located in Orkland municipality. The bank's origins date back to 1841 and it was formed after the merger of the neighbouring savings banks, Orkdal Sparebank and Meldal Sparebank, in October 2017. Today, the bank has seven offices spread over Trøndelag County and its primary market is located in the municipalities of Orkland, Rennebu, Skaun and Trondheim.