Financial

• Read more about Sparebank 1 Hallingdal Valdres

SpareBank 1 Hallingdal Valdres was created when Aal Sparebank and Hemsedal Sparebank merged in 1999, but its roots stretch as far back as 1870. The bank serves six municipalities in the Hallingdal region in Buskerud County and six municipalities in the Valdres region in Innlandet county. The bank has a decentralised organisation spread over eight branch offices in its core market as well as branch offices in Oslo and Bergen, where most of the owners of holiday homes in the core region are located. 

SpareBank 1 Hallingdal Valdres' is a member of the SpareBank 1 Alliance.

• Read more about NCR Comments: Resurs Bank 'BBB' rating and outlook unchanged following finalised bid

• Read more about Melhus Sparebank

Melhus Sparebank (MelhusBanken) is a Norwegian savings bank headquartered in Melhus municipality. Established in 1840, it is one of the country's oldest independent savings banks. MelhusBanken offers a range of financial services to household and corporate borrowers. These services include savings accounts, loans, mortgages, investment services, insurance, and advisory services related to personal and business finance. The bank has a strong local presence, primarily serving the community in Melhus and the regional centre of Trondheim. MelhusBanken is a member of the Eika Alliance.

As of 1 Oct. 2024, Norges Bank accepts credit ratings from NCR when determining eligible assets under its collateral program. Full details can be found here.

For more information, please contact Henrik Blymke, Chief Commercial Officer, Nordic Credit Rating.

• Read more about Nordic Credit Rating accepted by Norges Bank

• Read more about Tolga-Os Sparebank

Tolga-Os Sparebank was created in 1865 in Tolga municipality, Eastern Norway, and has since expanded its core market to the south. Tolga-Os Sparebank's core market is in the area traditionally known as Østerdalen, located in the northeastern part of Innlandet county, and is increasing its presence in Elverum and Hamar.

Tolga-Os Sparebank is one of 16 savings banks in the Lokalbanksamarbeidet banking cooperative, which consisted of small and medium sized local savings banks.

• Read more about Webinar: Norwegian niche banks eye capital relief in Sweden (Q2 2024)

• Read more about Nordic consumer banks' earnings continue to offset elevated provisions

• Read more about NCR Comments: Haugesund Sparebank 'BBB+' rating and outlook unchanged by postponement of merger

• Read more about Nordic Credit Rating's view on distressed exchanges

• Read more about Voss Veksel- og Landmandsbank ASA

Vekselbanken is the last remaining Norwegian local commercial bank, with roots dating back to 1899. Its business model is, however, similar to those of domestic savings banks. The bank provides core banking services through its headquarters in Voss municipality in Vestland county and a branch in the smaller municipality of Eidfjord. The bank's primary market encompasses the Voss region and surrounding areas, with emphasis on retail customers and SMEs. Vekselbanken has been listed on the Oslo Stock Exchange since 1992 and is a member of the Eika Alliance.