SBAB participates in the calculation of Stibor

As of September 26th, SBAB Bank AB (publ) (SBAB) will participate in the calculation of Stibor through providing data to NASDAQ Stockholm.

SBAB will become the seventh bank to participate in the Stibor calculation, accompanied by Danske Bank, Handelsbanken, Länsförsäkringar Bank, Nordea, SEB and Swedbank.

Information about Stibor

Stibor (Stockholm Interbank Offered Rate) is a reference rate that shows an average of the interest rates at which a number of banks active on the Swedish money market (“the Stibor banks”) are willing to lend to one another without collateral at different maturities.

For more information, please visit swedishbankers.se.

For more information, please contact:  

Karin Hellgren, Head of Public Relations SBAB

Telephone: +46 0706-68 38 24, E-mail: karin.hellgren@sbab.se  

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.

About Us

SBAB Bank offers residential mortgages and saving products through the Internet and telephone, and also grants loans to the corporate sector. By offering products and services that challenge and simplifies SBAB contributes to increased competition in the Swedish market. The company was founded in 1985 and is 100 percent owned by the Swedish Government. SBAB has about 420 employees of which approximately 120 are working at the headquarter in Stockholm, Sweden.