NCR comments: Sparbanken Västra Mälardalen 2019Q3 report
Our 'BBB+' issuer and issue ratings for Sparbanken Västra Mälardalen (SBVM) are unchanged following the publication of its third-quarter results.
Financial
Negative rates drive upward profit guidance for Danish banks
10 publicly-listed Danish banks have revised their 2019 profit guidance upwards from an average of 14% to an average of 32% above 2018 pre-tax profits.
Proposed changes in Norway's capital regulations likely to punish small banks
NCR expects net increases in Norwegian banks' capital requirements on the back of proposals from the Norwegian Ministry of Finance.
Nordic Credit Rating updates its Ratings Principles methodology
Today Nordic Credit Rating AS (NCR) published an update to its Rating Principles methodology. The changes have no impact on NCR's existing ratings.
Danish banking market is strong, despite tough earnings environment
Nordic Credit Rating (NCR) applies a score of 'a-' for the Danish banking market
NCR comments: Sparbanken Rekarne 2019Q2 report
Our 'A-' issuer and issue ratings for Sparbanken Rekarne (SpR) are unchanged following the publication of its mid-year results.
NCR comments: Sparbanken Västra Mälardalen 2019Q2 report
Our 'BBB+' issuer and issue ratings for Sparbanken Västra Mälardalen (SBVM) are unchanged following the publication of its mid-year results.
NCR comments: SpareBank1 Østfold Akershus 2019Q2 report
Our 'A' issuer and issue ratings for SpareBank 1 Østfold Akershus are unchanged following the publication of its mid-year results.
Competition in the Swedish mortgage market heats up
Competition for Swedish mortgage customers continues to increase, driving down bank margins.
NCR comments: Kredittforeningen for Sparebanker 2019Q2 report
Our 'A-' issuer and issue ratings for Kredittforeningen for Sparebanker (KfS) are unchanged following its mid-year 2019 results.