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Moody's Keeps Sparebanken Møre's Ratings on Strong Asset Quality; Outlook Stable

MT Newswires·10/21/2026 08:57:23
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08:57 AM EDT, 10/21/2026 (MT Newswires) -- Moody's maintained Sparebanken Møre's (MORG.OL) A1 long-term deposit and issuer ratings, as well as its stable outlook, according to a Wednesday release. The rating affirmation highlights the Norwegian lender's strong asset quality, robust capitalization, history of adequate profitability, and solid funding structure despite its limited geographical and earnings diversification. The stable outlook, meanwhile, supports the rating agency's expectations of the bank's sustained financial performance in the next 12 months to 18 months.