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Financial

Sparbanken Lidköping AB

Submitted by analyticalplatform on Wed, 07/03/2024 - 06:59
  • Read more about Sparbanken Lidköping AB

Sparbanken Lidköping is a mid-sized Swedish savings bank, operating out of its main office in Lidköping Municipality in Västra Götaland County, with close connections to the Skaraborg region. The bank was established in 1834 and is wholly owned by Sparbankstiftelsen Lidköping, a foundation that receives dividends from the bank. 

Haugesund Sparebank

Submitted by analyticalplatform on Fri, 06/28/2024 - 09:07
  • Read more about Haugesund Sparebank

Haugesund Sparebank is a mid-sized Norwegian savings bank operating on the Norwegian west coast in the Rogaland and Vestland regions. The bank dates back to 1928 and has merged with several local savings banks through the years.

Odal Sparebank

Submitted by analyticalplatform on Thu, 06/27/2024 - 06:36
  • Read more about Odal Sparebank

Odal Sparebank was created in 1877 in Norway's Nord-Odal municipality and has since expanded its core market to the south and east. Odal Sparebank's primary market includes the Odal, Kongsvinger and Northern Romerike regions. The bank is a member of the Eika Alliance, an association of about 50 small and medium-sized Norwegian savings banks.

Norwegian savings banks' capitalization boosted by CRR3

Regulatory changes expected to enhance competitiveness of small to medium-sized banks.
  • Read more about Norwegian savings banks' capitalization boosted by CRR3

NCR Comments: Resurs Bank 'BBB' rating and outlook unchanged following acquisition offer

De-listing possible following joint offer from private equity firm and largest owner.
  • Read more about NCR Comments: Resurs Bank 'BBB' rating and outlook unchanged following acquisition offer

Credit loss uncertainty rises for Nordic consumer banks

Elevated credit losses level off but interest margins continue declining.
  • Read more about Credit loss uncertainty rises for Nordic consumer banks

Credit loss uncertainty for niche banks as interest rates peak

Submitted by sg22 on Tue, 06/11/2024 - 11:41
  • Read more about Credit loss uncertainty for niche banks as interest rates peak

Askim & Spydeberg Sparebank

Profile picture for user patrik.lindgren
Submitted by patrik.lindgren on Tue, 05/28/2024 - 12:49
  • Read more about Askim & Spydeberg Sparebank

Askim & Spydeberg Sparebank is an independent Norwegian savings banks formed through the merger of Askim Sparebank and Spydeberg Sparebank in 2015. The merged entities date back to 1988 and 1859, respectively. Its core market is the northern region of Østfold county and the district of Follo. Retail customers, agricultural borrowers and SMEs account for its core customer base. The bank also owns a real estate agency. The largest owners are two foundations, which own most of the bank's equity capital certificates (ECCs).

Webinar: Credit loss uncertainty for niche banks as interest rates peak

Nordic Credit Rating invites you to our upcoming webinar focusing on our view of the Q1 2024 results for the Nordic niche banks. We will cover development in earnings, loss performance and capital, as well as loan and funding growth. Additional focus areas include the sluggish non-performing loan market, and the heightened regulatory pressure in Sweden.

  • Read more about Webinar: Credit loss uncertainty for niche banks as interest rates peak

Trøndelag Sparebank

Submitted by analyticalplatform on Wed, 05/15/2024 - 06:10
  • Read more about Trøndelag Sparebank

Trøndelag Sparebank was created in April 2023 through a merger between Hemne Sparebank (established in 1865) and Åfjord Sparebank (established in 1902). Trøndelag Sparebank has five branch offices. In addition, the bank owns a real estate agency and three accounting firms. Its primary market is the coastal region west of Trondheim in Trøndelag county, but since the merger it has been attracting customers from elsewhere in the county. The bank is a member of the Eika Alliance, an association of small and medium-sized Norwegian savings banks.

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