Financial

Our 'A' issuer rating and 'AAA' covered bond ratings on Danske Hypotek AB (publ) are unchanged following the publication of its second-quarter 2020 results and receipt of updated cover pool details.

• Read more about Danske Hypotek AB (publ) cover pool overview Q2 2020

Our 'A' issuer rating and 'AAA' covered bond ratings on Danske Hypotek AB (publ) are unchanged following the publication of its second-quarter 2020 results.

• Read more about NCR comments: Danske Hypotek AB (publ) Q2 2020 report

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

• Read more about NCR comments: Sparbanken Västra Mälardalen 2020Q2 report

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

• Read more about NCR comments: SpareBank 1 Østfold Akershus 2020Q2 report

Our 'A-' long-term issuer and issue ratings on Kredittforeningen for Sparebanker (KfS) are unchanged following its first-half 2020 results.

• Read more about NCR comments: Kredittforeningen for Sparebanker 2020Q2 report

Our 'A-' issuer and issue ratings on Sparbanken Rekarne are unchanged following the publication of the bank's second-quarter results.

• Read more about NCR comments: Sparbanken Rekarne AB 2020Q2 report

Our 'BBB-' issuer and issue ratings on Resurs Bank AB (publ) are unchanged following the mid-year 2020 results.

• Read more about NCR comments: Resurs Bank AB (publ) 2020Q2 report

NCR lowered its assessment of the Danish banking sector due to the economic effects of the COVID-19 pandemic.

• Read more about Danish banking sector assessment lowered to 'bbb+' from 'a-' to reflect economic impact of COVID-19

The response to the COVID-19 pandemic is likely to reverse strong operating profits and balance sheet improvements recorded in 2019.

• Read more about Swedish savings banks face challenges in remainder of 2020

Our average credit assessment of over 300 Nordic banks remains at the 'bbb+' level.

• Read more about Nordic bank creditworthiness stable despite COVID-19 impact