Norwegian Savings Bank SpareBank 1 Østfold Akershus Assigned 'A' Rating; Outlook Stable
On 28 November 2018, Nordic Credit Rating assigned its 'A' long-term and 'N-1+' short-term issuer credit ratings to SpareBank 1 Østfold Akershus, a Norwegian regional savings bank. The outlook is stable. In addition, the bank's senior unsecured debt was rated 'A', its Tier 2 capital instruments 'A-' and its Tier 1 instruments 'BBB'. The full rating report can be downloaded here .Rating rationaleOur 'A' long-term issuer rating on SpareBank 1 Østfold Akershus