Investor Presentations

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Read the latest news from Eika Boligkreditt about the Norwegian economy with key figures, today's financial situation and our strategic framework for sustainability.

The Economy

  • GDP growth of +3.8% for 2022. Expected slightly below trend growth going forward
  • Unemployment rate 1.8% in July 2023
  • Relief in the mortgage lending regulation and low supply of new buildings have been positive for house prices in 2023
  • Inflation overshooting target, weak krona and higher wages leads to higher policy rates going forward (peak rate 4,25% autumn 2023 in last Monetary Policy Report 2/2023)

Robust, local savings banks

  • 3rd largest Norwegian banking group
  • Focus on retail lending
  • High asset quality with low levels of doubtful & non-performing loans, low LTV and no direct exposure to oil/offshore/shipping
  • Strong and diversified deposit base  
  • Strong capitalization and high level of liquidity buffers
  • Strong position in the local markets

Conservative cover pool

  • Maximum 75% LTV for mortgages at origination and strict underwriting criteria
  • 100% residential assets as collateral
  • Prudent risk management with regards to refinancing, liquidity, currency, interest rate and counterparty risk
  • Credit guarantees from the distributors and capital and liquidity support agreements with the owners

Investor Presentations