NCR comments: Sparbanken Västra Mälardalen Q1 2022 report
Earnings affected by unrealised losses and Swedbank dividend.
Financial
NCR comments: Varbergs Sparbank AB (publ) Q1 2022 report
Core revenue stable as dividend from Swedbank boosts bottom line.
NCR comments: Resurs Bank AB (publ) Q1 2022 report
Margins remain under pressure due to slow business mix transition.
NCR comments: Kredittforeningen for Sparebanker Q1 2022 report
Green finance products offset impact of reduced bond market activity.
NCR comments: Collector Bank AB (publ) Q1 2022 report
Growth in corporate and real estate loans drive strong earnings.
High real-estate exposure poses climate risk for Swedish and Norwegian banks
Damage to collateral and slow transition by lenders could impact loan books.
esg
NCR makes initial assessment of Ukraine conflict on Nordic credit quality
No immediate ratings impact, but effects of conflict will remain under close scrutiny.
Nordic consumer banks report strong fourth-quarter 2021 results
Regional niche lenders face tighter regulatory scrutiny in 2022.
NCR comments: Nordax Bank AB (publ) Q4 2021 report
Bank Norwegian acquisition creates largest Nordic consumer bank.
Four issuer ratings affirmed; removed from criteria review
No rating changes under new support methodology.