Financial

Sector facing year of growth, despite continuing economic uncertainty.

• Read more about Swedish savings banks are prepared for growth in 2025

• Read more about Aasen Sparebank

Aasen Sparebank is an independent savings bank located in the Innherred region, northeast of Trondheim, Norway. The bank's origins date back to 1862. It is headquartered in Aasen and has two additional offices in Levanger and Verdal. Aasen Sparebank is primarily focused on core banking activities, but it also owns a local real-estate agency.

Aasen Sparebank is a member of Lokalbanksamarbeidet banking cooperative, which consists of small and medium-sized local savings banks.

We expect the merger with Tysnes Sparebank to be completed by 1 Sept. 2025.

• Read more about NCR Comments: Haugesund Sparebank 'BBB+' rating and outlook unchanged following updated merger plan

Interested parties are invited to comment by 7 April 2025.

• Read more about Nordic Credit Rating proposes revisions to Financial Institutions Rating Methodology

Changes are underway throughout the sector.

• Read more about Nordic niche banks navigate through winds of change

• Read more about Sparebank 68º Nord

Sparebank 68° Nord is an independent Norwegian savings bank formed through the mergers of Ofoten Sparebank, Lofoten Sparebank and Harstad Sparebank during 2019 and 2020, and with roots back to 1899. The bank operates through seven offices located along latitude 68° north in Nordland and Troms counties. Sparebank 68° Nord is a member of Lokalbanksamarbeidet banking cooperative, which consists of small and medium-sized local savings banks.

 

Join our webinar for a discussion on performance and recent developments.

• Read more about 30 minutes on Nordic niche banks – Q4 2024 reports

Swedish regulator asks for a statement as investigation uncovers potential breach.

• Read more about NCR comments: Norion Bank's 'BB+' rating unchanged following news on AML investigation

We expect a higher payout ratio to further enhance capital for savings banks with shares in Swedbank.

• Read more about NCR Comments: Ratings for Swedish savings banks unchanged after Swedbank's revised dividend policy

Norwegian savings banks resilient to increased credit losses.

• Read more about Lower interest margin will lead to a drop in profitability for Norwegian savings banks