LONDON (Standard&Poor's CreditWire) Oct. 24, 2000--Standard&Poor's today affirmed its ratings on Skandinaviska Enskilda Banken AB (SEB) and Skandinaviska Enskilda Banken Funding Inc. (guaranteed by SEB). At the same time, the outlook on SEB was revised to stable from negative. A complete list of ratings is available on RatingsDirect, Standard&Poor's Web-based credit analysis system, or by calling the Standard&Poor's Ratings Desk on London (44) 20-7826-3540. The outlook change reflects the group's strong earnings growth in its core markets, as well as continued stable earnings in the short- to medium term on the back of a benign economic environment in the Nordic region. The rating on SEB reflects the group's diversified earnings profile, satisfactory
