Nordic consumer banks' earnings compensate elevated credit losses
Earnings performance adds buffer for high loan-loss provisions.
Småkraft is a Norway-based small-scale hydropower producer witch owns and operates over 221 power plants, and is Europe’s largest small-scale hydropower producer. The company operates plants in both Norway and Sweden, where it has about 95% and 5% of its production capacity, respectively. The company develops, operates and invests in small-scale plants in cooperation with landowners, which carry out maintenance and supervision of the plants. Småkraft mostly operates run-of-river plants with low impact on local biodiversity.
On 28 Aug 2023, Nordic Credit Rating publishes a sector commentary on Norwegian savings banks. In connection with this publication, the analytical team will present their view of the banks and the market, seen in the light of the recently published half-year results.
Please note that the webinar will be held in Norwegian.
Austevoll Seafood ASA (Austevoll) traces its roots back to Austevoll Havfiske AS, a company established in 1981 by the Møgster family, which remains Austevoll's majority owner. The company has built a significant seafood operation in the North Atlantic and along the Pacific coast of South America, with processing facilities in Europe and South America and sales operations in Asia.