NCR confirms credit rating of BBB, stable outlook, for Resurs Bank
Resurs Holding’s subsidiary Resurs Bank today received an update from the rating company Nordic Credit Rating (NCR). The rating of BBB, stable outlook was confirmed.
NCR has monitored Resurs Bank since May 2019, always assigning the company an investment grade rating. Today NCR confirmed credit rating of BBB, stable outlook. NCR believes that Resurs Bank’s profitability, sound liquidity position, and long experience in offering credit products are key factors for Resurs Bank.
“We can proudly state that even though there are uncertain market conditions, the view of Resurs Bank is positive and that is explained by the fact that we are a stable bank with long term viable business model”, says Stefan Noderén, Interim CFO & Head of IR at Resurs