Moody’s change SBAB’s outlook to positive
On 21st October Moody’s have affirmed SBAB’s A2 long-term deposit and debt ratings and simultaneously changed the outlook to positive from stable. The improvement in the outlook is a reflection on the improved profitability and funding. For further information, please refer to Moody’s webpage (www.moodys.com).
For further information, please contact:
Karin Hellgren, Hear of Public Relations SBAB
Phone: +46 706-68 38 24, e-mail: email@example.com
SBAB’s business idea is to apply innovation and consideration to offer loans and savings products to private individuals, tenant-owner associations and property companies in Sweden. SBAB was founded in 1985 and is owned by the Swedish state. SBAB has about 350,000 customers and 450 employees. SBAB had Sweden’s most satisfied residential mortgage customers in 2014 and 2015, according to Svenskt Kvalitetsindex (SKI, Swedish Quality Index). Read more at sbab.se, twitter.com/sbabbank, facebook.com/sbabbank.