KBN’s funding program
KBN maintains the highest possible credit rating, (Aaa/AAA, Stable/Stable), from Moody’s and Standard & Poor’s and is identified as one of two systemically important financial institutions in Norway.
KBN’s net interest income in Q3 2018 was NOK 419 million, compared to NOK 513 million in the same period in 2017. KBN’s margins have decreased in 2018 in line with developments in the market and KBN’s target of providing financing on favourable terms. More
Kommunalbanken issued its fourth USD benchmark transaction for the year on Thursday October 11th. The transaction with a maturity of three years raised USD 1.5 billion and was very well received despite a volatile market backdrop. More