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

The rating affirmation reflects continued robust operating and financial performance.

Scope Ratings has updated its rating report on Rogaland Sparebank Boligkreditt's mortgage covered bonds, rated AAA with Stable Outlook.

The rating on Rogaland Sparebank Boligkreditt's Norwegian covered bonds reflects the issuer rating enhanced by six notches from cover pool support. Stable outlook reflects the stable asset performance and two notches buffer against an issuer downgrade.

Scope Ratings has updated its issuer rating report on Sandnes Sparebank, rated A- with Stable Outlook.

Rating affirmation reflects 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 SSB Boligkreditt AS.

The issuer’s credit strength combined with governance and cover pool support result in the highest rating. A soft-bullet profile and overcollateralisation reduce risks from maturity mismatches; its low-loan-to-value cover assets are resilient to stress.

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

The issuer's credit strength combined with governance and cover pool support result in the highest rating. A soft-bullet profile and overcollateralisation reduce risks from maturity mismatches; its low loan-to-value cover assets are resilient to stress.