SpareBank 1 Ringerike Hadeland: Update to credit analysis
Our credit view of this issuer reflects its sound capital position, significantly above regulatory requirement, offset by its sector concentration.Sparebank 1 Ringerike Hadeland (the Bank) is a Norway-based regional bank. The Bank operates in the Ringerike Hadeland region and in the area of Nittedal and Gjovik, in the southern part of Norway. As of December 31, 2011, the Bank was engaged in the provision of banking services through its 10 offices, of which six were local bank offices and four were branch offices. It targets both private individuals and businesses. To private individuals, the Bank offers products and services within loans, deposits, investment products, insurance and pension products and payment solutions. To businesses, the Bank offers, among others, specialized consulting. The Bank has one subsidiary, namely the 80%-owned Eiendomsmegleren Ringerike Hadeland AS. As of January 1, 2012, the Bank's two other subsidiaries: Gran Sparebank Eiendom AS and JLN Invest AS merged with the Bank. The Bank is a member of the SpareBank1 bank alliance, which comprises 15 independent Norwegian banks.
Moody's Investors Service is a leading provider of credit ratings, research, and risk analysis. Moody's commitment and expertise contributes to transparent and integrated financial markets, protecting the integrity of credit. Our ratings and analysis track debt covering more than:
- 130 countries
11,000 corporate issuers
21,000 public finance issuers
76,000 structured finance obligations
Credit ratings and research help investors analyze the credit risks associated with fixed-income securities. Such independent credit ratings and research also contribute to efficiencies in fixed-income markets and other obligations, such as insurance policies and derivative transactions, by providing credible and independent assessments of credit risk.
Moody’s default studies validate our predictive ratings. Our published research and investor briefings draw thousands of attendees each year and keep investors current with the rationale underlying our credit opinions.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.