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      Instrument data
      Issuer
      PARETO BANK ASA
      Senority
      Senior Preferred
      Currency
      NOK
      ISIN
      NO0012986621
      Coupon percent
      6.93%
      Coupon type
      Floating: Fixed Margin over Index
      Instrument volume
      1,000,000,000
      Maturity date
      16/08/2028
      -
      BBB Outlook: Stable
      BBB Outlook: Stable
      Latest change
      Affirmed
      18/09/2024
      General information
      Rating
      Public
      Solicited
      With issuer participation
      EU endorsed
      UK Rated
      Pauline Lambert Lead analyst
      Nicolas Hardy Committee chair
      Scope affirms Pareto Bank's BBB issuer rating with Stable Outlook

      18/9/2024 Rating announcement EN

      Scope affirms Pareto Bank's BBB issuer rating with Stable Outlook

      Rating affirmation reflects the bank’s robust profitability despite increased credit costs, sound solvency position and adequate funding profile.

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      Scope affirms Pareto Bank's issuer rating of BBB with a Stable Outlook

      29/9/2023 Rating announcement EN

      Scope affirms Pareto Bank's issuer rating of BBB with a Stable Outlook

      The rating affirmation reflects Scope's expectation that the bank's operating performance will remain resilient in a less benign business cycle

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