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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

NCR outlines how it takes ESG factors into consideration when assessing corporates. esg

• Read more about ESG factors in corporate ratings

Given coordinated efforts of the central banks and regulators, NCR believes that the COVID-19 crisis will be more about credit risk than the lack of liquidity observed during the financial crisis. covid-19

• Read more about Nordic niche banks face uncertain future for nonperforming loans

NCR expects that Norwegian banks will on average report a strong fourth quarter in 2019.

• Read more about Tailwind for Norwegian banks in the fourth quarter of 2019

Nordic Credit Rating (NCR) applies a score of 'a' for the Norwegian banking market.

• Read more about Solid foundations for the Norwegian banks

In this commentary NCR describes its view of the various features of corporate hybrid instruments and explains how they affect our view on equity treatment in our corporate credit analysis.

• Read more about Nordic Credit Rating's view on corporate hybrid securities