Financial

Losses on the rise, but earnings and support packages provide buffers. 2021-outlook covid-19

• Read more about Significant risks remain for Nordic niche banks

Potential Swedbank dividend could offset higher loan losses. 2021-outlook covid-19

• Read more about Swedish savings banks face uncertain 2021

Sector well capitalised with good access to stable funding. 2021-outlook covid-19

• Read more about Norwegian savings banks braced for new challenges in 2021

Our 'A-' issuer and issue ratings on Sparbanken Rekarne AB (publ) are unchanged following the publication of the bank's third-quarter results.

• Read more about NCR comments: Sparbanken Rekarne AB (publ) Q3 2020 report

• Read more about Sörmlands Sparbank AB (publ)

Sörmlands Sparbank was founded in 1832 as Nyköpings Sparbank and took its current form via a 1991 merger and the 1998 acquisition of five local bank offices as part of the creation of Föreningssparbanken (now Swedbank AB). Operating from Katrineholm in Södermanland county, it extends its services to Nyköping, Flen, Vingåker, and Oxelösund. These communities have a total of about 130,000 inhabitants.

Our 'BBB+' issuer and issue ratings on Sparbanken Västra Mälardalen are unchanged following the publication of its third-quarter results.

• Read more about NCR comments: Sparbanken Västra Mälardalen Q3 2020 report

Our 'A-' issuer and issue ratings on Kredittforeningen for Sparebanker (KfS) are unchanged following the publication of its third-quarter 2020 results.

• Read more about NCR comments: Kredittforeningen for Sparebanker Q3 2020 report

Our 'A' issuer and issue ratings on SpareBank 1 Østfold Akershus (SB1 Østfold Akershus) are unchanged following the publication of its third-quarter 2020 results.

• Read more about NCR comments: SpareBank 1 Østfold Akershus Q3 2020 report

Our 'BBB-' issuer and issue ratings on Resurs Bank AB are unchanged following the publication of Resurs Holding's third-quarter results.

• Read more about NCR comments: Resurs Bank AB (publ) Q3 2020 report

Our 'A-' issuer and issue ratings on Varbergs Sparbank AB (publ) are unchanged following the publication of its third-quarter results.

• Read more about NCR comments: Varbergs Sparbank AB (publ) Q3 2020 report