Posts Tagged ‘
Norwegian ’
Sep 13th, 2013
Sweden’s Skandiabanken plans to issue its first covered bond at the end of the month after having turned to the asset class as part of its plans to use the capital markets to diversify its funding sources and support the banks’ growth ambitions, an official told The Covered Bond Report.
Posted in Market, Sweden
Tags: covered bonds, Moody's, Norwegian, Skandiabanken, Swedish
Sep 13th, 2013
Norway’s Sandnes Sparebank Boligkreditt has obtained a first rating of its covered bonds, AA- from Fitch, and an official at the issuer told Nordic FIs & Covered that the rating was sought to boost investor confidence in the programme.
Posted in Norway
Tags: covered bonds, Norwegian, Sandnes Sparebank Boligkreditt
Sep 5th, 2013
Norway’s Sparebanken Vest Boligkreditt priced its first benchmark euro covered bond in more than one-and-a-half years yesterday (Wednesday), a Eu500m no-grow five year deal that an official at the issuer said went “smoothly and swiftly” and bodes well for an envisaged increase in euro issuance.
Posted in Norway
Tags: covered bonds, Norway, Norwegian, Sparebanken Vest Boligkreditt
Jul 11th, 2013
Norway’s DNB kicked off the Nordic reporting season today (Thursday), posting second quarter pre-tax profits that beat consensus expectations as the bank benefitted from raising lending rates and improved deposit margins.
Posted in Countries
Tags: DNB, Norway, Norwegian, results
Jul 11th, 2013
Gjensidige Bank has become more strategically important to its parent, Norwegian insurance group Gjensidige, according to Standard & Poor’s, which upgraded the bank, subsidiary Gjensidige Bank Boligkreditt, and the latter’s covered bonds on Friday.
Posted in Norway
Tags: Gjensidige, Gjensidige Bank Boligkreditt, Gjensidige Bank., Norway, Norwegian, ratings, S&P
Jun 6th, 2013
Norway’s SpareBank 1 Boligkreditt was one of four issuers to launch benchmark euro covered bonds this week despite market conditions remaining tricky after the recent turn in sentiment, while Aktia Bank has embarked upon a roadshow ahead of a debut in its new guise.
Posted in Norway
Tags: Aktia Bank, covered bonds, Finland, Finnish, Norway, Norwegian, SpareBank 1 Boligkreditt
May 30th, 2013
The International Monetary Fund has voiced its support for regulatory initiatives underway in Norway such as plans for higher risk weights for mortgages and closer scrutiny of covered bond issuance. Meanwhile, the Riksbank said Sweden’s banks need to be more resilient in the long run.
Posted in Norway
Tags: covered bonds, IMF, Norway, Norwegian, Riksbank, Sweden, Swedish
May 2nd, 2013
Fitch has made more conservative some of its criteria for analysing residential loans in Norway, it said on Monday.
Posted in Norway
Tags: Norway, Norwegian
Apr 4th, 2013
Eika Boligkreditt, formerly known as Terra BoligKreditt (TBK), posted a 240% rise in pre-tax profit in 2012 following an increase in lending activities and in margins on lending, according to an official at the Norwegian issuer.
Posted in Norway
Tags: Eika Boligkreditt, Norway, Norwegian, Terra BoligKreditt
Mar 14th, 2013
DNB today (Thursday) became the first European issuer to sell a US targeted benchmark covered bond this year, after SEB yesterday placed an inaugural, $1.25bn five year senior unsecured deal as dollars offered high quality Yankee names better terms than euros.
Posted in Norway, Sweden
Tags: DNB Boligkreditt, Norway, Norwegian, SEB, Skandinaviska Enskilda Banken (SEB), Sweden, Swedish