Resurs Bank awarded investment grade rating from Nordic Credit Rating (BBB-, stable outlook)
Resurs Bank, a wholly owned subsidiary of Resurs Holding, was today awarded an investment grade rating from Nordic Credit Rating (NCR) of BBB-, stable outlook.In addition to capital from shareholders, the operations of Resurs Bank are financed by deposits from the public, the issued MTN bonds and the securitisation of certain loan receivables (ABS financing). The framework of Resurs Bank’s MTN programme amounts to SEK 8 billion and on 31 March 2019 the bank had 14 outstanding issues distributed between a nominal SEK 4,750 million and NOK 1,000 million. “Our strategy is to actively work