Financial
Nordic niche banks; building a foundation for growth
Arrival of SRTs provide capital relief and new opportunities.
NCR Comments: Haugesund Sparebank 'BBB+' rating and outlook unchanged following finalised merger
Our view already reflects expectations for the completed merger.
30 minutes on Nordic niche banks – H1 2025
Join our webinar for a discussion on performance and recent developments.
Seven Norwegian savings banks' ratings affirmed; removed from criteria review
Ratings affirmed in accordance with revised methodology.
Three Swedish niche banks' ratings affirmed; removed from criteria review
Ratings affirmed in accordance with revised methodology.
Sparebank 1 Lom og Skjåk
SB1 Lom og Skjåk was founded in 1873. The bank's core region covers five municipalities in the northwestern part of Norway's Innlandet county. The bank is headquartered in Lom municipality and has five branch offices, including a branch in Oslo. It has 74 employees and total lending of NOK 11bn, including loans transferred to SB1 Alliance covered bond company SB1 Boligkreditt AS.
Five Swedish savings banks' ratings affirmed; removed from criteria review
Ratings affirmed in accordance with revised methodology.
Four Norwegian savings banks' ratings affirmed; removed from criteria review
Ratings affirmed in accordance with revised methodology.
Spareskillingsbanken
Spareskillingsbanken, established in 1877, is a mid-sized savings bank headquartered in Kristiansand, Norway. It primarily serves retail customers and SMEs in the Kristiansand region. Spareskillingsbanken operates as an independent self-owned savings bank and offers several financial services to household and corporate borrowers. These services include savings accounts, loans, mortgages, insurance, leasing and investment services. Spareskillingsbanken is a member of Lokalbanksamarbeidet banking cooperative, which consists of small and medium-sized local savings banks.