EBA confirm Swedbank’s strong asset quality and capitalisation
Swedbank has participated in the European Banking Authority (EBA) stress test.
The results confirm Swedbank’s strong asset quality and capital position and show that Swedbank have sufficient capital to withstand a severe stress scenario.
The result from the stress test has been made available at EBA’s website today, 30 July. To access the result templates please use the following links:
For more information
Gregori Karamouzis, Head of Investor Relations, phone: +46 72 740 63 38, email@example.com
Niklas Lindkvist, Debt Investor Relations, phone: +46 70 524 28 93, firstname.lastname@example.org
Swedbank promotes a sound and sustainable financial situation for the many people, households and companies. Our vision is to contribute to development “Beyond Financial Growth”. As a leading bank in the home markets of Sweden, Estonia, Latvia and Lithuania, Swedbank offers a wide range of financial services and products. Swedbank has over 7 million retail customers and around 600 000 corporate customers and organisations with 273 branches in Sweden and 143 branches in the Baltic countries. The group is also present in other Nordic countries, the US and China. As of 31 March 2016 the group had total assets of SEK 2 404 billion.
Read more at www.swedbank.com