Nordic Credit Rating publishes its methodology for covered bonds
The covered bond rating methodology focuses on Nordic covered bond issuers, national regulations and market characteristics.
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Sustainable power production supports the creditworthiness of Nordic utilities
NCR views the credit outlook for Nordic utilities as stable supported by sustainable power generation and strong ownership.
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Rapidly growing and profitable niche banks face challenges
NCR sees challenges ahead for consumer banks due to declining growth prospects, higher funding costs and higher losses.
Nordic bond maturities in 2019 - a slightly more challenging affair
Our analysis suggests the issuers may have to refinance 2019 maturities at a premium from current levels.
Kredittforeningen for Sparebanker
KfS is a licenced credit institution providing medium- and long-term senior loans to Norwegian savings banks. Established in 2004 by Eiendomskreditt AS and 49 savings banks, it serves as a vehicle for small savings banks with limited access to the bond market. Through a green bond initiative, KfS also allows banks to offer green loans and attract new investors. The company is organised as a credit association and is operated according to cooperative principles.
Norwegian bank's SME discount likely to be financed by mortgage customers
We expect new Norweigan regulations will lead to higher margins on mortgage loans to offset lower margin requirements for SME customers.
NCR expands coverage to covered bonds
During spring, 2019, market participants will be invited to provide comments on the covered bond methodology.
SpareBank 1 Østfold Akershus
SpareBank 1 Østfold Akershus is a medium-sized Norwegian regional savings bank with origins dating back to 1835. The bank has operations in Østfold county and the southern part of Akershus county in south-eastern Norway, along the E6 highway and within commuting distance to Oslo.
Norwegian banks demonstrate further strength
Nordic Credit Rating applies a score of 'a' for the Norwegian banking market and expects the domestic operating environment to be rather benign for Norwegian banks over the next two to three years
Nordic banks capital measures lack comparability
A significant drawback of regulatory capital measures is the lack of comparability between institutions that employ internal ratings-based (IRB) capital...