Scope Ratings has updated its rating report on the Obligasjoner med fortrinnsrett (Norwegian mortgage-covered bonds) issued by Landkreditt Boligkreditt AS

The rating on Landkreditt Boligkreditt’s Norwegian obligasjoner med fortrinnsrett reflects the issuer's A- rating enhanced by six notches from governance and cover pool support. 2 notches provide a buffer against an issuer downgrade.

Scope Ratings has updated its rating report on Landkreditt Bank, rated A- with Stable Outlook.

The rating affirmation reflects the continued robust performance of the bank’s business.

Scope Ratings has updated its rating report on the Obligasjoner med fortrinnsrett (Norwegian mortgage-covered bonds) issued by Landkreditt Boligkreditt AS.

The rating on Landkreditt Boligkreditt's Norwegian covered bonds reflects the issuer rating enhanced by eight notches from governance and cover pool support. Stable performance and two notches buffer against an issuer downgrade.

Rating affirmation reflects the ongoing resilience of the bank's business and operating performance.

Scope Ratings has updated its rating report on the Obligasjoner med fortrinnsrett (Norwegian mortgage-covered bonds) issued by Landkreditt Boligkreditt AS.

The issuer rating of A- with stable outlook combined with governance support and the strength of the cover pool results in the highest achievable ratings for the covered bonds. Soft-bullets and overcollateralisation reduce maturity mismatch risks.

Rating continues to reflect resilient and sound credit fundamentals.