Scope Ratings has updated its rating report on the Obligasjoner med fortrinnsrett (Norwegian mortgage-covered bonds) issued by Landkreditt Boligkreditt AS

Scope Ratings has updated its rating report on BAPS, rated BBB-/Stable.

The rating reflects a well-established cooperative franchise, solid asset quality metrics and sound capital and funding positions.

Scope Ratings has updated its rating report on Skagerrak Sparebank, rated A- with Stable Outlook.

The rating benefits from the bank’s well established local franchise and continued strong operating performance and comfortable financial viability.

The rating affirmation follows the lapsing of the bid for Sabadell. The ratings incorporate BBVA’s 2025-2027 strategic objectives to maintain a resilient business profile and strong profitability; Capital buffers are set to remain just adequate.

The rating on Landkreditt Boligkreditt’s Norwegian obligasjoner med fortrinnsrett reflects the issuer's A- rating enhanced by six notches from governance and cover pool support. 2 notches provide a buffer against an issuer downgrade.

Scope Ratings has updated its rating report on BN Bank ASA, rated A- with Stable Outlook.

Scope Ratings has published its rating report on JSC Microbank Crystal, rated B+, with Stable Outlook.

Scope Ratings has updated its rating report on ABBank, rated BB/Stable.