S&P rating affirmed

Press release
Standard & Poor’s Rating Services has affirmed KBN’s ratings at 'AAA/A-1+'; After Criteria Revision; Off UCO; Outlook Stable.

The stable outlook reflects that, in the next two years, KBN's ownership structure and the implicit support from the Norwegian government (AAA/Stable/A-1+) will remain unchanged and that KBN's management will maintain low risk tolerance and continue to contain risks associated with the wholesale-funded nature of its activities, while maintaining very strong liquidity and prudent management practices.

Read the research update here: