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Bank Industry Risk Analysis: Norwegian Banks' Profitability And Asset Quality Supported By Strong Tail Winds Feb 07 Product Image

Bank Industry Risk Analysis: Norwegian Banks' Profitability And Asset Quality Supported By Strong Tail Winds Feb 07

  • ID: 2023912
  • February 2007
  • Region: Norway
  • Standard & Poors

FEATURED COMPANIES

  • Danske Bank A/S
  • DNB Bank ASA
  • Eksportfinans ASA
  • KBN Kommunalbanken Norway
  • Nordea Bank Norge ASA
  • Norway (Kingdom of)
  • MORE

Abstract
Wealthy, strong, well diversified economy. Stable profitability, good asset quality, and strong overall capitalization. Conservative risk culture, supervision, and legislation. Limited geographic diversification, except for DnB NOR, the largest player in the market. Systemic liquidity threat posed by high concentration on interbank market. Highly leveraged household sector. Small, open economy subject to commodity price fluctuation. In a global context, Standard & Poor's Rating Services considers the Norwegian banking system to be of low risk. This is reflected by our group 2 Bank Industry Country Risk Assessment (BICRA) ranking for Norway (out of 10, 1 is the strongest). The financial strength of the Norwegian banking system is solid. Most financial institutions in Norway reported yet another year of excellent asset quality...

Companies mentioned in this report are:
- Norway (Kingdom of)
- Nordea Bank Norge ASA
- Danske Bank A/S
- Eksportfinans ASA
- DNB Bank ASA
- Storebrand Livsforsikring AS
- KBN Kommunalbanken Norway
- Storebrand Bank ASA

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Note: Product cover images may vary from those shown

- Norway (Kingdom of)
- Nordea Bank Norge ASA
- Danske Bank A/S
- Eksportfinans ASA
- DNB Bank ASA
- Storebrand Livsforsikring AS
- KBN Kommunalbanken Norway
- Storebrand Bank ASA

Note: Product cover images may vary from those shown
Note: Product cover images may vary from those shown

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