Financial

On 19 Mar. 2020, Swedbank received a final judgement from the Swedish financial supervisory authority (FSA) with respect to alleged money laundering activities at its Estonian branch.

• Read more about Q&A: Swedbank judgement and share price impacts on Swedish savings banks

Given coordinated efforts of the central banks and regulators, NCR believes that the COVID-19 crisis will be more about credit risk than the lack of liquidity observed during the financial crisis. covid-19

• Read more about Nordic niche banks face uncertain future for nonperforming loans

Our 'A-' issuer and issue ratings for Sparbanken Rekarne (SpR) are unchanged following the publication of its fourth-quarter results.

• Read more about NCR comments: Sparbanken Rekarne 2019Q4 report

Our 'A' issuer and issue ratings for SpareBank 1 Østfold Akershus are unchanged following the publication of its fourth-quarter results.

• Read more about NCR comments: SpareBank1 Østfold Akershus 2019Q4 report

Our 'BBB-' issuer and issue ratings for Resurs Bank AB are unchanged following its 2019 results.

• Read more about NCR comments: Resurs Bank (publ) 2019Q4 report

Year-end data shows that Swedbank's decline in its share of the Swedish mortgage market has accelerated during the fourth quarter.

• Read more about Swedbank continues to lose mortgage markets shares

Our 'BBB+' issuer and issue ratings for Sparbanken Västra Mälardalen (SBVM) are unchanged following the publication of its year-end results.

• Read more about NCR comments: Sparbanken Västra Mälardalen 2019Q4 report

Nordic Credit Rating (NCR) applies a score of 'a-' for the Swedish banking market.

• Read more about Strong Swedish bank market despite Baltic money laundering scandal

NCR expects that Norwegian banks will on average report a strong fourth quarter in 2019.

• Read more about Tailwind for Norwegian banks in the fourth quarter of 2019

Nordic Credit Rating (NCR) applies a score of 'a' for the Norwegian banking market.

• Read more about Solid foundations for the Norwegian banks