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Webinar: Credit loss uncertainty for niche banks as interest rates peak

Nordic Credit Rating invites you to our upcoming webinar focusing on our view of the Q1 2024 results for the Nordic niche banks. We will cover development in earnings, loss performance and capital, as well as loan and funding growth. Additional focus areas include the sluggish non-performing loan market, and the heightened regulatory pressure in Sweden.

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Webbinarium: Det våras för sparbankerna

Den 23 april kl 13.00 bjuder Nordic Credit Rating (NCR) in till ett webbinarium om utsikterna för de svenska sparbankerna. Vi kommer presentera vår syn på utvecklingen under 2023 med grund i bankernas årsredovisningar, samt diskutera våra förväntningar för framtiden. 

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The pressure is rising for Nordic consumer banks

Credit losses and non-performing loans rose in the fourth quarter of 2023.
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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. 

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Swedish savings banks face weaker earnings and low loan growth in 2024

Exceptional capital ratios and earnings buffers could counter economic turbulence.
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Sparbanken Skaraborg AB (publ)

Submitted by analyticalplatform on Thu, 02/01/2024 - 05:00
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Sparbanken Skaraborg is one of Sweden's largest savings banks in terms of total business volumes (including transferred loans and savings). The bank operates primarily in four municipalities in the county of Västra Götaland in southwestern Sweden; Skara, Vara, Essunga, and Götene. The bank is also active in other areas of what was previously Skaraborg county, including the municipalities of Falköping, Skövde and Mariestad. The bank was established in 1847 and is wholly owned by Sparbanksstiftelsen Skaraborg, a foundation that receives dividends from the bank.

Sparbanken Alingsås AB

Submitted by analyticalplatform on Fri, 01/12/2024 - 08:10
  • Read more about Sparbanken Alingsås AB

Sparbanken Alingsås is one of Sweden's largest savings banks in terms of total business volumes (including transferred loans, plus external and other off-balance-sheet products). The bank operates in four municipalities in the county of Västra Götaland in southwestern Sweden; Alingsås, Lerum, Herrljunga, and Vårgårda, with a minor presence in nearby Gothenburg, the country's second-largest city. Together, the four core markets have just over 100,000 inhabitants, many of whom commute into Gothenburg.

High interest rates generate strong first-half earnings for Swedish savings banks

Lending to corporates outpaces mortgage growth, which remains exceptionally low.
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AB Transitio

Submitted by analyticalplatform on Wed, 09/27/2023 - 07:12
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Transitio was founded in 1999 by six of Sweden's 21 counties, when county-level traffic authorities were charged with running the country's regional railways, with the purpose of centralising acquisition and financing of rolling stock on behalf of the respective counties' regional public transport companies. The company also provides rolling stock support services and carries out heavy maintenance. Since restructuring in 2012, Transitio has been owned directly and indirectly by 20 Swedish counties (excluding the island county of Gotland), with each owner holding a 5% ownership stake.

Nordic consumer banks' earnings compensate elevated credit losses

Earnings performance adds buffer for high loan-loss provisions.
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