NCR comments: Norion Bank 'BB+' rating unchanged following start of buyback programme
Bank initiates second share buyback programme of SEK 500m.
Financial
Søgne og Greipstad Sparebank
Søgne og Greipstad Sparebank is an independent Norwegian savings bank established in 1863. The bank's traditional market encompasses the former municipalities of Søgne and Songdalen, now merged with Kristiansand municipality, in southern Norway. Its head office is located in Søgne, with additional offices in Nodeland and Vågsbygd, to the west and southwest of Kristiansand.
Kredittforeningen for Sparebanker 'A-' rating unchanged following transition decision
Member representatives approved the plan to transition to limited liability company.
Hegra Sparebank
Hegra Sparebank is an independent Norwegian savings bank with roots dating back to 1897. The bank's primary market encompasses the Værnes region in Trøndelag county, east of Trondheim. In addition to traditional banking services, the bank owns an accounting services firm (Eika Økonomi Midt-Norge AS), a local real-estate agency (Aktiv Stjørdal AS) and a commercial real-estate company (Titan Næring AS). Hegra Sparebank is a member of the Eika Alliance, an association of small and medium-sized Norwegian savings banks.
Pareto Bank ASA
Pareto Bank is a Norwegian niche bank headquartered in Oslo. The bank was founded in 2007 and is, via a 20% ownership stake, associated with the Pareto Group, a financial services group specializing in brokerage, investment banking, asset management, and financing. Pareto Bank provides credit facilities, construction loans, refinancing, investment loans, and other corporate banking products. It is especially known for project financing, particularly in real estate, but also finances investments in securities as well as shipping projects.
NCR Comments: NOBA Bank Group 'BBB' rating and outlook unchanged following IPO announcement
The announcement does not have an immediate impact on our view of the bank.
Nordic niche banks; building a foundation for growth
Arrival of SRTs provide capital relief and new opportunities.
NCR Comments: Haugesund Sparebank 'BBB+' rating and outlook unchanged following finalised merger
Our view already reflects expectations for the completed merger.
30 minutes on Nordic niche banks – H1 2025
Join our webinar for a discussion on performance and recent developments.