trending Market Intelligence /marketintelligence/en/news-insights/trending/xm5h6iahffobyifwenappa2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

S&P revises outlook on DNB Bank

Key Credit Risk Factors When Assessing Banks In The Context Of COVID-19

Street Talk Episode 61 - Investors debate if U.S. banks have enough capital in post COVID world

You Down With PPP? Consider The Risks

Street Talk Episode 60 - You Down With PPP? Consider The Risks


S&P revises outlook on DNB Bank

S&P Global Ratings on March 26 affirmed DNB Bank ASA's A+/A-1 long- and short-term issuer credit ratings and revised the outlook on the DNB ASA unit to positive from stable.

Additionally, S&P affirmed the BBB/A-2 long- and short-term issuer credit ratings of Eiendomskreditt AS and Bank Norwegian AS and maintained a negative outlook on both entities.

The outlook revision on DNB Bank is based on the rating agency's view that Norway's economic risk trend is now stable, as house prices have fallen since 2017 and the risk of elevated credit losses from the oil and shipping sectors is subsiding. The revision is also based on the agency's belief that an effective bank resolution regime will soon be in place.

The negative outlook on Eiendomskreditt reflects S&P's view that despite Norway's economic risks having stabilized, the agency could downgrade the bank's ratings within its two-year outlook horizon. Meanwhile, Bank Norwegian's negative outlook reflects S&P's expectations that the bank will continue its phase of rapid loan growth, particularly outside Norway, over the next two years, leading to a risk of capital and asset deterioration.

This S&P Global Market Intelligence news article may contain information about credit ratings issued by S&P Global Ratings, a separately managed division of S&P Global. Descriptions in this news article were not prepared by S&P Global Ratings. The original S&P Global Ratings documents referred to in this news brief can be found here.