Tag: Swedbank
Swedbank writes down the growth forecast – two tough years ahead
The bank’s macroeconomists expect the policy rate to peak at 4 percent in June this year. “The Swedes are highly leveraged. Approximately 60 percent have variable interest rates on their…
Swedbank is fined 850 million
It was at the end of April 2022 that Swedbank was hit by an IT incident that resulted in nearly one million customers receiving incorrect balances on their accounts. It…
Swedbank raises variable mortgage interest
The list rate is the one that the bank advertises to the public, and the actual rate usually falls below this level, due to various types of discounts. The so-called…
Swedbank is winding down Danish operations
“The Finnish operations are deemed to be the right size. Our offices in Shanghai, China, and New York City, USA, will remain,” writes Swedbank in a press release. The measures…
Swedbank believes in more interest rate increases
“We estimate that the Riksbank will continue to underestimate inflation, and that the policy rate will be raised by 50 basis points in September, or that they will squeeze in…
Swedbank is required in billions – DN.SE
Editor-in-Chief: Peter Wolodarski | Editor-in-Chief and acting publisher: Anna Åberg | CEO: Anders Eriksson | Editorial Development Manager: Martin Jönsson | Administrative editor: Fredrik Björnsson | Deputy Editor-in-Chief: Matilda E…
Swedbank required in billions | SVT News
The bank further writes that it now allocates “relevant resources” to handle the matter and answer the Swedish Pensions Agency, but does not make any reservation due to the requirement.…
Swedbank believes in a sharp rise in mortgage rates
The bank’s economists believe that inflation will remain at high levels during the autumn and thus stress the Riksbank to accelerate with interest rate increases. In April next year, the…