Inactive Instrument

Bank Norwegian Asa

NOFI

NO0011002511

Bank Norwegian downgraded by S&P to BBB-/A-3, outlook stable

December 07, 2021 at 11:23 am EST

S&P Global Ratings has today lowered its long- and short-term issuer credit ratings on Bank Norwegian to 'BBB-/A-3' from 'BBB/A-2'. The outlook is stable. Please find attached the full research update.

Contact persons:

CEO and CFO Klara Lise Aasen; phone +47 47635583; kaa@banknorwegian.no

Head of Treasury Mats Benserud; phone +47 95891539; mbe@banknorwegian.no

This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act

Attachment

RatingsDirect_ResearchUpdateBankNorwegian

Latest news about Bank Norwegian Asa

Nordax Bank AB Announces Results of Tender Offer	23-06-01	CI
Bank Norwegian ASA Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022	22-10-25	CI
Bank Norwegian ASA Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022	22-08-16	CI
Bank Norwegian ASA Appoints Mats Benserud as CFO, Effective June 1, 2022	22-05-25	CI
Bank Norwegian Asa Reports Earnings Results for the First Quarter Ended March 31, 2022	22-05-13	CI
Bank Norwegian Asa Reports Earnings Results for the Full Year Ended December 31, 2021	22-03-29	CI
Bank Norwegian Asa Proposes Dividend for the Year 2021	22-02-15	CI
Bank Norwegian Asa Elects A New Board of Directors	21-11-09	CI
Bank Norwegian Asa Appoints Klara-Lise Aasen as CEO	21-11-09	CI
Bank Norwegian Asa Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021	21-10-26	CI
Bank Norwegian Enters Its Fifth Country of Operations, Opening Up the Digital Channels Offering Unsecured Loans, Credit Cards and Savings Accounts in the Spanish Market	21-10-25	CI
Bank Norwegian Asa(OB:BANO) dropped from S&P Global BMI Index	21-10-22	CI
Nordax Bank AB completed the acquisition of 76.6% stake in Norwegian Finans Holding ASA (OB:NOFI) from shareholders.	21-10-19	CI
Bank Norwegian : Nordax Extends Again Offer Period For Bank Norwegian	21-10-01	MT
Bank Norwegian : Nordax Wins Swedish Financial Regulator's Nod for Bank Norwegian Takeover	21-09-30	MT
Bank Norwegian : Nordax Makes Further Extension To Offer Period For Bank Norwegian	21-09-24	MT
Bank Norwegian : Nordax Bank's Offer Period For Bank Norwegian Takeover Nears Expiration	21-09-23	MT
Bank Norwegian : Sells $346.8 Million Portfolio of Defaulted Debt to PRA Group	21-09-13	MT
Bank Norwegian : S&P Places Bank Norwegian On CreditWatch Negative On Nordax Bank's Takeover Bid	21-09-13	MT
PRA Group, Inc. entered into an agreement to acquire Norwegian Portfolio of Defaulted Credit Cards and Installment Loans of Bank Norwegian ASA (OB:BANO).	21-09-12	CI
Bank Norwegian : Nordax Reaches Minimum Acceptance Condition For Bank Norwegian's Takeover	21-09-08	MT
Norway Says Banks Can Resume Normal Shareholder Payouts Next Month	21-09-07	DJ
Bank Norwegian : Nordax Bank's Takeover Of Bank Norwegian Requires Two-Thirds Acceptances	21-09-07	MT
Bank Norwegian : Nordax Bank Extends Offer Period For Bank Norwegian Takeover	21-09-07	MT
Bank Norwegian : Nordax Bank Wins Regulatory Approval for Bank Norwegian Takeover	21-09-03	MT

Chart Bank Norwegian Asa

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Company Profile

Bank Norwegian ASA is a Norway-based Internet bank. The Company offers deposit and lending products. Bank Norwegian provides loans, credit cards, insurance and savings accounts to consumers. The Company offers instalment loans, credit cards and deposit accounts to personal customers distributed through the Internet in the Nordic market. Bank Norwegian offers, in cooperation with the airline Norwegian, a combined credit card and reward card. The Company operates in the Nordic region.

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