New 5-Year USD Benchmark
On Wednesday August 23rd, KBN successfully priced a USD 1.25 billion 5-Year Benchmark bond.
A solid level of demand for new loans
A good level of growth in KBN’s lending in the first six months of the year, together with higher interest rates, contributed to the increase in KBN’s income.
AAA senior rating from S&P reaffirmed
S&P has updated their credit opinion on June 22. KBN maintains the highest possible Credit rating.
Aaa senior rating from Moody's reaffirmed
Moody's has updated their credit opinion on May 25. KBN maintains the highest possible Credit rating.
Higher interest rates had a positive effect on KBN’s core earnings
KBN’s core earnings totalled NOK 280 million for the first quarter of 2023, compared to NOK 248 million in the first quarter of 2022.