FI

Today Nordic Credit Rating AS (NCR) published an update to its Rating Principles methodology. The changes have no impact on NCR's existing ratings.

• Read more about Nordic Credit Rating updates its Ratings Principles methodology

Nordic Credit Rating (NCR) believes that retail property owners in the Nordic region will face challenges

• Read more about Retail properties under pressure

NCR is now able to assign ratings to covered bond instruments.

• Read more about Nordic Credit Rating publishes its final methodology for covered bonds

Nordic niche banks focusing on unsecured consumer lending have recently encountered headwinds from regulators and in the stock market.

• Read more about Nordic niche consumer banks face regulatory headwinds

With an average credit assessment of 'bbb+' for the fifth year in a row, a sample of over 300 Nordic banks demonstrated stable creditworthiness in 2018.

• Read more about Has Nordic bank creditworthiness reached its peak?

Following requests from market participants, NCR extend the comment period to 31 May 2019.

• Read more about NCR extends covered bond comment period to 31 May

The covered bond rating methodology focuses on Nordic covered bond issuers, national regulations and market characteristics.

• Read more about Nordic Credit Rating publishes its methodology for covered bonds

NCR views the credit outlook for Nordic utilities as stable supported by sustainable power generation and strong ownership. esg

• Read more about Sustainable power production supports the creditworthiness of Nordic utilities

NCR sees challenges ahead for consumer banks due to declining growth prospects, higher funding costs and higher losses.

• Read more about Rapidly growing and profitable niche banks face challenges

Our analysis suggests the issuers may have to refinance 2019 maturities at a premium from current levels.

• Read more about Nordic bond maturities in 2019 - a slightly more challenging affair