Rating

Moody’s has assigned Sparebanken Norge the following ratings with a Stable outlook:

• Senior Unsecured: Aa3
• Bank Deposits: Aa3/P-1 
• Counterparty Risk Rating: Aa3/P-1
• Junior Senior Unsecured (Domestic Currency): A3
• Subordinate MTN: (P)Baa1
• Baseline Credit Assessment: a3
• Adjusted Baseline Credit Assessment: a3

These ratings reflect the May 2, 2025 merger between Sparebanken Vest and Sparebanken Sør, with Moody's confirming on May 7, 2025 that the Aa3 Stable rating previously held by Sparebanken Vest has been maintained for the newly formed entity.