Länsförsäkringar Bank: January-September 2023
”The third quarter remained dominated by a high level of global uncertainty and continuing fiscal austerity by the central banks. Although inflation in Sweden has clearly started to decline and we can now start to see a peak in interest rates, the high interest-rate levels are expected to continue for some time to come. Macroeconomic sentiment was more negative, with GDP starting to fall, unemployment rising slightly and continuing focus on the risks in the commercial property sector.In such a climate, it is reassuring to be a bank with low risks, diversified business and the strength of
