Eiendomskreditt AS cover pool overview Q2 2023
Recent declines in property values have increased loan to value.
On 28 Aug 2023, Nordic Credit Rating publishes a sector commentary on Norwegian savings banks. In connection with this publication, the analytical team will present their view of the banks and the market, seen in the light of the recently published half-year results.
Please note that the webinar will be held in Norwegian.
Eiendomskreditt was established in 1997 and is a regulated mortgage credit institution based in Bergen, Norway. The company is a specialised mortgage provider, financing commercial real estate for SME borrowers, multi-family rental housing and housing association mortgages. The company has issued covered bonds in Norway since 2009 and received approval to issue European Covered Bond (Premium) covered bonds in 2022. As of 31 Dec. 2022, over 98% of loans are included in the cover pool.