JBF Sparebank
JBF Sparebank is a mid-size Norwegian savings bank, originally established in 1885 by and for employees in the railway industry. Railway workers constitute the core customer base, but the bank is now open to all retail customers.
NO
Elopak ASA
Elopak is a Norway-based carton packaging manufacturer and distributor with operations in more than 70 countries. In addition to the production and distribution of carton packaging, Elopak manufactures aseptic filling machinery, sells and distributes new machinery for packaging fresh products from partners, and provides service and maintenance support. Since its establishment in 1957, the company has been majority-owned by family-owned investment holding company Ferd AS.
Agder Fylkeskommune
Agder county was established in 2020 following a merger of the former counties of Aust-Agder and Vest-Agder. Occupying an area of 16,500 sq km, it is the southernmost of Norway's 15 counties and ranks seventh in terms of population with over 300,000 inhabitants. Agder contains 25 municipalities. The two largest cities are the county capital Kristiansand and Arendal.
Mowi ASA
Mowi is the world's largest salmon farmer with operations in all major farming regions and worldwide sales reach. The company established its first stocking of salmon in 1969, making it an industry pioneer. In 2006, three large independent salmon farmers (Pan Fish [Mowi], Marine Harvest and Fjord Seafood) merged to establish The Marine Harvest group, which changed its name back to Mowi in 2018.
Bien Sparebank ASA
Bien Sparebank is a small Norwegian regional savings bank, which was established in 1885 as a savings association but converted to a savings bank in 1985. Today, Bien Sparebank operates as an independent savings bank with one office centrally located in Oslo, which, together with bordering municipalities, constitutes the bank's core market.
The pressure is rising for Nordic consumer banks
Credit losses and non-performing loans rose in the fourth quarter of 2023.
Norwegian farmed salmon prices likely to remain strong
Domestic currency appreciation could still hurt producers.
Webinar: Pressure rising for Nordic niche banks
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.
- Time and place: Webinar Teams - 13 March at 13:00-13.45
- Registration: event has ended.
The presentation will be held by NCR analysts Sean Cotten and Ylva Forsberg with an opportunity for Q&A.
Norske fylker under press fra økte kostnader
Kostnadsinflasjon og høye investeringsbehov legger press på fylkesbudsjetter.
Norwegian savings banks face margin squeeze in 2024
Non-core earnings contribute to profit growth