The rating action follows the completion of the merger between Sparebanken Vest and Sparebanken Sør to become Sparebanken Norge. Scope will re-assess the potential positive impact for Brage as a majority owned subsidiary of Sparebanken Norge.

The change in Outlook reflects the expectation of stronger owner support when the company becomes a strategic subsidiary of one of the largest savings banks in Norway.

Rating reflects a focused leasing and car financing business, solid credit fundamentals and the strategic relationship with its owner banks.

Rating continues to reflect a focused leasing and car financing business, solid credit fundamentals, and the strategic relationship with its owner banks.

Rating continues to reflect a focused leasing and car financing business, solid credit fundamentals, and strategic relationship with owner banks

Rating reflects focused leasing and car financing business, solid credit fundamentals and strategic relationship with owner banks.