Reminder: Webinars on proposed changes to Financial Institutions methodology
In Norwegian 20 Mar. and Swedish 21 Mar. 13.00
Financial
Sparebank 1 Gudbrandsdal
SB1 Gudbrandsdal dates back to 1860. The bank's core region covers seven municipalities in the central part of Norway's Innlandet county. The bank has a decentralised organisation spread across four branch offices in its core market. It employs 86 full-time equivalent employees and has total lending of NOK 15bn, including loans transferred to SB1 Alliance covered bond company SB1 Boligkreditt.
Swedish savings banks are prepared for growth in 2025
Sector facing year of growth, despite continuing economic uncertainty.
Aasen Sparebank
Aasen Sparebank is an independent savings bank located in the Innherred region, northeast of Trondheim, Norway. The bank's origins date back to 1862. It is headquartered in Aasen and has two additional offices in Levanger and Verdal. Aasen Sparebank is primarily focused on core banking activities, but it also owns a local real-estate agency.
Aasen Sparebank is a member of Lokalbanksamarbeidet banking cooperative, which consists of small and medium-sized local savings banks.
NCR Comments: Haugesund Sparebank 'BBB+' rating and outlook unchanged following updated merger plan
We expect the merger with Tysnes Sparebank to be completed by 1 Sept. 2025.
Nordic Credit Rating proposes revisions to Financial Institutions Rating Methodology
Interested parties are invited to comment by 7 April 2025.
Nordic niche banks navigate through winds of change
Changes are underway throughout the sector.
Sparebank 68º Nord
Sparebank 68° Nord is an independent Norwegian savings bank formed through the mergers of Ofoten Sparebank, Lofoten Sparebank and Harstad Sparebank during 2019 and 2020, and with roots back to 1899. The bank operates through seven offices located along latitude 68° north in Nordland and Troms counties. Sparebank 68° Nord is a member of Lokalbanksamarbeidet banking cooperative, which consists of small and medium-sized local savings banks.
30 minutes on Nordic niche banks – Q4 2024 reports
Join our webinar for a discussion on performance and recent developments.
NCR comments: Norion Bank's 'BB+' rating unchanged following news on AML investigation
Swedish regulator asks for a statement as investigation uncovers potential breach.