The ECB and EBA confirm Swedbank’s strong asset quality and capitalisation
Swedbank has participated in the European Banking Authority (EBA) stress test and Asset Quality Review (AQR). Swedbank’s subsidiaries in Estonia, Lithuania and Latvia have been part of the European Central Bank’s (ECB) Comprehensive Assessment, which encompasses stress test and AQR.The results confirm Swedbank’s strong asset quality and capital position and show that Swedbank and its Baltic subsidiaries have sufficient capital to withstand a severe stress scenario. The results from the stress tests and the asset quality reviews have been made available at ECB’s and EBA’s websites today,