Retail properties under pressure
Nordic Credit Rating (NCR) believes that retail property owners in the Nordic region will face challenges
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Offentliga Hus i Norden AB (publ)
The rating was withdrawn on 14 Oct. 2021.
Competition in the Swedish mortgage market heats up
Competition for Swedish mortgage customers continues to increase, driving down bank margins.
Nordic Credit Rating publishes its final methodology for covered bonds
NCR is now able to assign ratings to covered bond instruments.
Nordic niche consumer banks face regulatory headwinds
Nordic niche banks focusing on unsecured consumer lending have recently encountered headwinds from regulators and in the stock market.
Swedish community service properties - a stable but broad asset class
NCR views the community service asset class as a supportive factor when assessing the creditworthiness of real estate companies.
Has Nordic bank creditworthiness reached its peak?
With an average credit assessment of 'bbb+' for the fifth year in a row, a sample of over 300 Nordic banks demonstrated stable creditworthiness in 2018.
Resurs Bank AB (publ)
Resurs Bank provides consumer loans via point-of-sale payment solutions for retail and e-commerce partners as well as direct marketing channels in Scandinavia. The bank was founded in 1977 and has had a Swedish banking licence since 2001. It has two main divisions – Payment Solutions and Consumer Lending. The Payment Solutions division acts in partnership with retailers and provides financing for large consumer goods and services.
Fastighets AB Stenvalvet (publ)
Fastighets AB Stenvalvet (publ) was founded in 2010 when AI Pension, Alecta Pension foundation and the Church of Sweden's pension foundation joined together with the purpose of purchasing, developing and managing homes for the elderly in the Mälardalen region. Following the acquisition of Roxanne Real Estate Foundation AB in 2014, the ownership structure was broadened to include Kåpan Pensions and the Swedish Foundation for Strategic Research.
NCR extends covered bond comment period to 31 May
Following requests from market participants, NCR extend the comment period to 31 May 2019.