Pareto Bank achieves "BBB+" issuer rating from Nordic Credit Rating

Pareto Bank ASA has been awarded an issuer rating of "BBB+" with stable outlooks by Nordic Credit Rating. This significant rating reflects the bank's strong profitability, characterized by superior margins and enhanced cost efficiency compared to its industry peers.

The rating further acknowledges Pareto Bank's solid capital and liquidity positions, crucial indicators of financial stability. Additionally, Nordic Credit Rating highlighted the bank's diversified funding profile as a supporting factor for the "BBB+" assessment.

This positive rating provides an independent affirmation of Pareto Bank's operational strengths and strategic financial management. For further inquiries, Monica Mælen from treasury is listed as the contact person.