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![Scope Ratings has updated its analytical report on Sandnes Sparebank, rated A- with Stable Outlook.](https://www.scopegroup.com/ScopeOneApi/images/announcement-img?imageName=mitteilung_a0e7a6c710f59c032b4ce4551937c0a3d3f517668ef1e69679d3482efaa4481b.jpg)
3/5/2023 Monitoring note EN
Scope Ratings has updated its analytical report on Sandnes Sparebank, rated A- with Stable Outlook.
The A- issuer rating reflects Sandnes Sparebank’s well established local savings bank franchise in south-west Norway, solid and resilient earnings capabilities as well as sound prudential metrics.
![Scope upgrades Sandnes Sparebank's issuer rating to A- and changes Outlook to Stable](https://www.scopegroup.com/ScopeOneApi/images/announcement-img?imageName=mitteilung_6f3835bd7178839c40bd4975e2dfd4751a497b2f4eda65916ea43d4450cddfcb.jpg)
11/6/2020 Rating announcement EN
Scope upgrades Sandnes Sparebank's issuer rating to A- and changes Outlook to Stable
Rating upgrade reflects management's consistent execution of its strategy to de-risk and strengthen the bank's franchise. The bank's business and financial profile are expected to remain in line with other similiarly rated Norwegian savings banks.