{
  "id": 10892319,
  "title": "Finanstilsynet med skarp kritikk av sparebank",
  "url": "https://urgent.news/2026/09/30/finanstilsynet-med-skarp-kritikk-av-sparebank",
  "topic": "business",
  "section": "Business",
  "published": "2026-09-30T07:27:57.000Z",
  "source": {
    "name": "E24 Norway",
    "slug": "e24-norway",
    "url": "https://e24.no/boers-og-finans/i/Ar4EEq/finanstilsynet-med-skarp-kritikk-av-sparebank"
  },
  "original_language": "en",
  "account": "Finanstilsynet, Norway's financial supervisory authority, has delivered a critical assessment of Sparebank 1 Østlandet, highlighting several weaknesses in the bank's lending operations. In a disclosure report published on Wednesday, the tilsynet found that the quality of the bank's credit assets is \"varying\" and needs improvement. Many cases deviate from the bank's own credit policy or industry guidelines, according to the report dated September 21.\n\nFinanstilsynet believes the bank should pay close attention to these anomalies to prevent any undesired risk development in its portfolio. Of the bank's total lending of 238 billion kroner, around 66 billion is directed towards the business market. Nearly half of this amount is lent to commercial real estate. The tilsynet believes the bank operates with underestimated provisions for losses and undervalues the capital requirements. Realization of loans shows that the bank has overestimated the value of collateral, it appears.\n\nFinanstilsynet also points out that Sparebank 1 Østlandet has a higher proportion of mislaid loans compared to other regional banks. The bank's guidelines for calculating expected loss should be improved, it says. Additionally, the bank is criticized for incorrectly categorizing several large business engagements as \"mass market\" and for using a support factor for small and medium-sized enterprises among customers that belong to large international corporations. The bank's board states that it generally agrees with Finanstilsynet's assessments, and it informs that the bank is initiating measures to address the noted conditions. The bank received a fine of 30 million kroner from the Finanstilsynet in March last year for deficiencies in the implementation of the white-collar regulation.",
  "summary": "Tilsynet frykter Sparebank 1 Østlandet undervurderer risiko og kapitalbehov i næringsutlånene.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}