Nordic Credit Rating invites you to our upcoming webinar focusing on our expectations for Nordic niche banks following their end-year results. Join us for a discussion of capital and earnings performance, rising credit risks and how hiccups in the non-performing debt market could affect niche banks' performance in 2024.
The presentation will be held by NCR analysts Sean Cotten and Ylva Forsberg with an opportunity for Q&A.
The rating was withdrawn on 19 Dec. 2024.
Skue Sparebank was formed in 2013 from the merger of Nes Prestegjelds Sparebank and Hol Sparebank, after which it merged with Hønesfoss Sparebank in 2020. Today, the bank has 10 offices spread across most of Buskerud County. The bank is a member of the Eika alliance. It has equity capital certificates that trade on the Oslo Stock Exchange.
Orkla Sparebank is an independent savings bank located in Orkland municipality. The bank's origins date back to 1841 and it was formed after the merger of the neighbouring savings banks, Orkdal Sparebank and Meldal Sparebank, in October 2017. Today, the bank has seven offices spread over Trøndelag County and its primary market is located in the municipalities of Orkland, Rennebu, Skaun and Trondheim.
Småkraft is a Norway-based hydropower producer which owns and operates over 220 power plants. It is Europe's largest small-scale hydropower producer. The company operates plants in Norway and Sweden, with Norway dominating revenues and production capacity. Småkraft develops, operates and invests in power plants in cooperation with landowners, which carry out maintenance and supervision. Most of the facilities are run-of-river plants with low impact on local biodiversity.