NO

Sector well capitalised with good access to stable funding. 2021-outlook covid-19

• Read more about Norwegian savings banks braced for new challenges in 2021

Niche banks offering unsecured consumer loans likely to bear the brunt. covid-19

• Read more about Nordic non-performing loans set to accumulate if COVID-19 continues unabated

The outlook revision reflects our higher expectations for housing prices, employment, and the international cycle. covid-19

• Read more about Norwegian banking sector outlook to stable from negative

NCR explains its views on preferred shares when evaluating the financial risk of individual companies.

• Read more about Nordic Credit Rating's view on corporate preferred shares

The Nordic logistics property sector appears to have defied widespread expectations of a marked slowdown.

• Read more about Logistics property operators ride out COVID-19 downturn

Our average credit assessment of over 300 Nordic banks remains at the 'bbb+' level.

• Read more about Nordic bank creditworthiness stable despite COVID-19 impact

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. covid-19

• Read more about A zero interest rate environment will hurt the profitability of Norwegian savings banks

Some Norwegian savings banks could be at risk of breaching their pillar 2 buffer requirements. covid-19

• Read more about Norwegian savings banks – A bank crisis scenario

The COVID-19 pandemic is likely to have a strong negative impact on the Nordic commercial property sector. covid-19

• Read more about COVID-19 response upends Nordic commercial property market

NCR lowered its assessment of the Norwegian banking sector to 'a-' from 'a'. covid-19

• Read more about NCR sees increased risk for Norwegian banks