NCR comments: Sparbanken Västra Mälardalen 2019Q2 report
Our 'BBB+' issuer and issue ratings for Sparbanken Västra Mälardalen (SBVM) are unchanged following the publication of its mid-year results.
Financial
NCR comments: SpareBank1 Østfold Akershus 2019Q2 report
Our 'A' issuer and issue ratings for SpareBank 1 Østfold Akershus are unchanged following the publication of its mid-year results.
Competition in the Swedish mortgage market heats up
Competition for Swedish mortgage customers continues to increase, driving down bank margins.
NCR comments: Kredittforeningen for Sparebanker 2019Q2 report
Our 'A-' issuer and issue ratings for Kredittforeningen for Sparebanker (KfS) are unchanged following its mid-year 2019 results.
NCR comments: Resurs Bank 2019Q2 report
Our 'BBB-' issuer and issue ratings for Resurs Bank AB are unchanged following its mid-year 2019 results.
Increase in norwegian property tax would likely reduce supply and raise housing costs
Newcomers to the homeownership market would bear the greatest burden.
Nordic Credit Rating publishes its final methodology for covered bonds
NCR is now able to assign ratings to covered bond instruments.
NCR comments on proposed changes to Norwegian banks' capitalisation requirements
We had expected, in line with signals from Norwegian FSA, that the authorities would implement higher Pillar 2 requirements for individual banks.
Nordic niche consumer banks face regulatory headwinds
Nordic niche banks focusing on unsecured consumer lending have recently encountered headwinds from regulators and in the stock market.
Has Nordic bank creditworthiness reached its peak?
With an average credit assessment of 'bbb+' for the fifth year in a row, a sample of over 300 Nordic banks demonstrated stable creditworthiness in 2018.