NCR comments: Norion Bank acquires Swedish credit card portfolio from DNB
The acquisition adds SEK 700m in credit volume.
Financial
NCR Comments: Norway moves to adopt new standardised approach to capital requirements
Risk weights lowered on safe mortgage lending and commercial real-estate loans.
Webinar: Norske sparebankers utsikter for 2025
2024 har vært et begivenhetsrikt år for norske sparebanker, preget av sammenslåinger, gode resultater, og flere nye sparebank-ratinger fra oss i NCR.
Hva ligger foran oss i 2025?
Vi inviterer til et webinar der vi utforsker sparebankenes utsikter og effektene av ny standardmetode for konkurransesituasjonen.
Falling interest rates yet to impact Nordic niche banks
Loss provisions among banks in our sample fell to two-year lows.
Flekkefjord Sparebank
Flekkefjord Sparebank is a mid-sized Norwegian savings bank operating on the south-west coast of Norway, between Stavanger and Kristiansand. The bank dates back to 1837, operating continuously under the same name. Retail customers and SMEs account for its core customer base. The bank operates as an independent savings bank.
Flekkefjord Sparebank is a member of the Lokalbanksamarbeidet banking cooperative, which consist of small and medium-sized local savings banks.
Romerike Sparebank
Romerike Sparebank is a Norwegian savings bank headquartered in Lillestrøm, a satellite city of Oslo, the capital of Norway. Established as Lillestrøm Sparebank in 1887, the bank changed its name in 2021 and merged with Blaker Sparebank in 2022.
Romerike Sparebank is a member of the Eika alliance, a network of Norwegian savings banks that collaborate to improve members' service offerings, technology, and product development while maintaining their local independence.
Webinar: Falling interest rates yet to impact Nordic niche banks (Q3 2024)
Nordic Credit Rating invites you to join our webinar on the Nordic Niche banks. We will recap the bank's results for Q3 2024, discuss our expectations ahead, and touch on key topics in the sector. In this session, we will focus on our views of the three NCR-rated niche banks, Resurs, Norion, and NOBA, as well as discuss the Swedish regulator's revision to funding and liquidity metrics and how it affects our view of niche banks' funding.
Sparebanken Narvik
Sparebanken Narvik is a mid-sized Norwegian savings bank with roots dating back to 1901. The bank provides core banking services through its headquarters in Narvik in Nordland County and, since 2019, a branch in Finnsnes. Lending is centred in the Narvik region and Mid-Troms, with retail customers and SMEs accounting for the core customer base. The bank operates as an independent savings bank and its equity is self-owned.
Sparebanken Narvik is a member of the Eika Alliance, an association of about 50 small and medium sized Norwegian savings banks.
Grue Sparebank
Grue Sparebank was created in 1862 in Norway's Grue municipality. Its core market also includes the municipalities of Åsnes, Kongsvinger, Våler and Elverum. Retail borrowers account for the vast majority of its loan book.
Grue Sparebank is a member of the Eika Alliance, an association of small and medium-sized Norwegian savings banks.
Swedish niche lenders face regulatory changes in funding metrics
Regulator's new guidelines to negatively affect banks with distributor-sourced deposits.