S&P Revises SE Banken's Outlook to Positive;Rtgs Afmd - S&P Global Ratings’ Credit Research

S&P Revises SE Banken's Outlook to Positive;Rtgs Afmd

S&P Revises SE Banken's Outlook to Positive;Rtgs Afmd - S&P Global Ratings’ Credit Research
S&P Revises SE Banken's Outlook to Positive;Rtgs Afmd
Published Nov 13, 1996
Published Nov 13, 1996
Price US$ 150.00  |  Buy this Report Now

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Abstract:

LONDON -- Standard&Poor's CreditWire 11/13/96 -- Standard&Poor's today has revised its long-term rating outlook for Skandinaviska Enskilda Banken (SEB) to positive from stable. At the same time, Standard&Poor's affirms SEB and its related entities', single-`A'-minus long-term and `A- 2' short-term ratings. The revision of SEB's outlook reflects the improvements made in the bank's risk management systems and its financial profile. Over the past year, SEB has made good progress in improving its risk management procedures, especially in its lending functions, where controls and underwriting procedures have been extensively tightened. The progress made by the bank in bringing credit losses and problem assets down to manageable levels has been notable. Improved asset quality, aided by

  
Report Type:

Ratings Action

Ticker
SEBA@SS
Issuer
GICS
Diversified Banks (40101010)
Sector
Global Issuers, Structured Finance
Country
Region
United States
Format:
PDF Adobe Acrobat
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S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "S&P Revises SE Banken's Outlook to Positive;Rtgs Afmd" Nov 13, 1996. Alacra Store. Nov 07, 2026. <http://www.alacrastore.com/s-and-p-credit-research/S-P-Revises-SE-Banken-s-Outlook-to-Positive-Rtgs-Afmd-78690>
  
APA:
S&P Global Ratings’ Credit Research. (). S&P Revises SE Banken's Outlook to Positive;Rtgs Afmd Nov 13, 1996. New York, NY: Alacra Store. Retrieved Nov 07, 2026 from <http://www.alacrastore.com/s-and-p-credit-research/S-P-Revises-SE-Banken-s-Outlook-to-Positive-Rtgs-Afmd-78690>
  
US$ 150.00
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