Posts Tagged ‘ KLP Banken ’

KLP gets approval for Boligkreditt, eyes krone debut before summer

Apr 10th, 2014
KLP portrait

Norway’s KLP Banken is eyeing a first mortgage-backed covered bond issue out of new entity KLP Boligkreditt in the coming months, after having received approval for the specialist institution from the Norwegian FSA (Finanstilsynet) last month.

Norway’s KLP lining up second, mortgage covered bond issuer

Dec 5th, 2013
KLP portrait

Norway’s KLP Banken is setting up a mortgage covered bond issuer to lower its funding costs and generate financing to purchase retail mortgages booked with the KLP insurance company.