Orkla Sparebank's "A-" long-term rating affirmed by NCR

Nordic Credit Rating (NCR) has reaffirmed Orkla Sparebank's 'A-' long-term credit rating, accompanied by a 'stable outlook', signaling continued confidence in the bank's financial stability. The bank's short-term credit rating remains 'N2'.

Further details from the assessment indicate that senior unsecured debt for Orkla Sparebank is rated 'A-'. Subordinated loans have been assigned a 'BBB+' rating, and the bank's covered bonds hold a 'BBB-' rating.

This consistent rating assessment from NCR provides a current overview of Orkla Sparebank's credit profile across various financial instruments. For more information, Torgeir Fagerli can be contacted.