The rating continues to reflect the Norwegian savings bank's strong market position in its local area, solid earnings and sound prudential metrics while the reliance on market funding is a risk.

No action has been taken following the monitoring review.

No action has been taken following the monitoring review.

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

The rating continues to reflect the Norwegian bank's solid credit fundamentals and ownership by SpareBank 1 Alliance member banks.

The highest achievable rating for the covered bonds results from the issuer's A- rating combined with governance support, updated for the new legal framework, and the strong cover pool.

Scope Ratings has updated its analytical report on IBL, rated BBB with a Stable Outlook.

The rating is driven by the high integration with the Italian Republic and likelihood of exceptional support.

The preliminary rated Tier 2 notes were not issued by OTP Bank.

The instrument rating is based on bank's BBB+/Stable issuer rating and Preferred Senior Unsecured status of the notes