NCR comments: SpareBank 1 Østfold Akershus 2018Q4 report
Our 'A' issuer and issue ratings for SpareBank 1 Østfold Akershus are unchanged following the publication of its 2018 results.
Financial
NCR comments: Sparbanken Västra Mälardalen 2018Q4 report
Our 'BBB+' issuer and issue ratings for Sparbanken Västra Mälardalen's (SBVM) are unchanged following the publication of its 2018 results.
Norwegian bank's SME discount likely to be financed by mortgage customers
We expect new Norweigan regulations will lead to higher margins on mortgage loans to offset lower margin requirements for SME customers.
NCR expands coverage to covered bonds
During spring, 2019, market participants will be invited to provide comments on the covered bond methodology.
Sparbanken Västra Mälardalen
Rating withdrawn on 1 Sep. 2025 due to merger with then Sparbanken Rekarne, now Sparbanken Mälardalen.
Upward pressure on Swedish mortgage rates goes beyond Riksbank decision
The Riksbank may not raise the repo rate tomorrow due to weak inflation figures, slowing growth, Brexit concerns and a wavering global economy. However, other factors could drive mortgage rates.
Sparbanken Mälardalen AB (publ)
Sparbanken Mälardalen is a Swedish savings bank based in the Mälardalen region, west of Stockholm. Its core market comprises five municipalities with a combined population of about 180,000. Formed on 1 Sep. 2025 through the merger of Sparbanken Rekarne and Sparbanken Västra Mälardalen, it is one of Sweden's largest savings banks.
The bank is owned by the savings bank foundations of the two former banks and Swedbank AB. It has a history of collaborating with Swedbank on various products, IT solutions and retail mortgage financing through Swedbank Hypotek AB.
SpareBank 1 Østfold Akershus
SpareBank 1 Østfold Akershus is a medium-sized Norwegian regional savings bank with origins dating back to 1835. The bank has operations in Østfold county and the southern part of Akershus county in south-eastern Norway, along the E6 highway and within commuting distance to Oslo.
Norwegian banks demonstrate further strength
Nordic Credit Rating applies a score of 'a' for the Norwegian banking market and expects the domestic operating environment to be rather benign for Norwegian banks over the next two to three years
Swedish banking market is strong, despite potential housing market volatility
Nordic Credit Rating (NCR) applies a score of 'a-' for the Swedish banking market and views the domestic operating environment as stable.