Norwegian real estate faces uncertain operating conditions
Prime yields set to be affected by higher financing costs.
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NCR comments: Ratings unchanged following US tariffs on NCR-rated issuers
NCR-rated issuers could face challenges due to macroeconomic uncertainty.
Comparison of Swedish industrial and logistics property managers
Subsector's cash flows at risk if inflation resurfaces.
RørosBanken Røros Sparebank
Rørosbanken is one of Norway's oldest savings banks, established in 1842. It operates as an independent savings bank via its headquarters in Røros, as well as a retail branch office in Oslo since 2006. Lending has traditionally been centred in Røros and the neighbouring mountainous region but currently constitutes a smaller portion of the portfolio as the bank has targeted growth in the metropolitan areas of Oslo and Trondheim. The bank is a member of the Eika Alliance, an association of close to 50 small and medium-sized Norwegian savings banks.
NCR comments: Norion Bank ’BB+’ rating unchanged following Balder proposal
Largest owner announces intention to distribute holdings as dividend.
Reminder: Webinars on proposed changes to Financial Institutions methodology
In Norwegian 20 Mar. and Swedish 21 Mar. 13.00
Sparebank 1 Gudbrandsdal
SB1 Gudbrandsdal dates back to 1860. The bank's core region covers seven municipalities in the central part of Norway's Innlandet county. The bank has a decentralised organisation spread across four branch offices in its core market. It employs 86 full-time equivalent employees and has total lending of NOK 15bn, including loans transferred to SB1 Alliance covered bond company SB1 Boligkreditt.
Swedish savings banks are prepared for growth in 2025
Sector facing year of growth, despite continuing economic uncertainty.
Aasen Sparebank
Aasen Sparebank is an independent savings bank located in the Innherred region, northeast of Trondheim, Norway. The bank's origins date back to 1862. It is headquartered in Aasen and has two additional offices in Levanger and Verdal. Aasen Sparebank is primarily focused on core banking activities, but it also owns a local real-estate agency.
Aasen Sparebank is a member of Lokalbanksamarbeidet banking cooperative, which consists of small and medium-sized local savings banks.
Nordic Credit Rating proposes revisions to Financial Institutions Rating Methodology
Interested parties are invited to comment by 7 April 2025.