Norwegian banks demonstrate further strength
Nordic Credit Rating (NCR) applies a score of ' a' for the Norwegian banking market and expects the domestic operating environment to be rather benign for Norwegian banks over the next two to three years. Despite higher capital requirements, Norwegian banks have outperformed European peers in terms of earnings and efficiency and have managed a downturn in the oil and offshore segment with robust loss performance in recent years. The banking market score is a component of NCR’s issuer ratings for financial institutions. Depending on the nature of the rated entity’s exposure and geographic
