Moody`s upgrades OBOS-banken’s deposits and issuer ratings

OSLO: Moody`s Investor Service has today upgraded OBOS-banken’s deposit and issuer rating to A3 from Baa1, respectively, both carrying stable outlook.

The rating upgrades are a result of Moody’s Loss Given Failure (LGF) analysis which takes into account the bank’s funding plans, resulting in one notch rating uplift from the BCA.

https://www.moodys.com/research/Moodys-upgrades-four-Norwegian-banks-deposit-and-issuer-ratings-and–PR_439268