Home Credit Ratings and Research Residential Mortgage-Backed Securities S&P Global Ratings’ Credit Research Swedbank AB

Swedbank L-T Rating Raised To 'A+' On Strengthened Control Of Int'l Operations; Outlook Stable

Published Oct 17, 2006

About This Report

Abstract:

STOCKHOLM (Standard&Poor's) Oct. 17, 2006--Standard&Poor's Ratings Services said today it raised its long-term counterparty credit rating on Sweden-based Swedbank AB to 'A+' from 'A'. At the same time, the 'A-1' short-term counterparty credit rating was affirmed. The outlook is stable. "The rating change is based on the strengthening of the group's management of risks in the Baltic operations, following the successful integration of Estonia-based subsidiary Hansabank (not rated) after the full takeover in 2005," said Standard&Poor's credit analyst Martin Noréus. "The increased integration has also raised the potential to realize synergies in costs and revenues in the future." At the same time, the reorientation of the group's international strategy has continued in the past

Report Type:

Ratings Action

Ticker

SWEDA@SS

Issuer

Swedbank AB

GICS

Diversified Banks (40101010)

Sector

Global Issuers, Structured Finance

Country

Sweden

Region

United States

Format:

PDF

Bulletin: Swedbank AB Ratings Unchanged By TAS-Kommerzbank Acquisition – 2007/02/08 – Free

Swedbank AB – 2007/08/31 – US$ 500.00

Summary: Swedbank AB – 2007/08/31 – US$ 225.00

Swedbank Outlook Revised To Negative On Increased Baltic Uncertainty; 'A+/A-1' Rating Affirmed – 2007/12/21 – US$ 150.00

Research Update: Swedbank Outlook Revised To Negative On Increased Baltic Uncertainty; 'A+/A-1' Rating Affirmed – 2007/12/21 – US$ 225.00

Research Update: Swedbank L-T Rating Raised To 'A+' On Strengthened Control Of Int'l Operations; Outlook Stable – 2006/10/17 – US$ 225.00

Swedbank (ForeningsSparbanken AB) – 2006/08/28 – US$ 500.00

Summary: Swedbank (ForeningsSparbanken AB) – 2006/08/28 – US$ 225.00

Outlook On Sweden-Based Swedbank Revised To Positive; 'A/A-1' Ratings Affirmed – 2005/10/18 – US$ 150.00

Research Update: Outlook On Sweden-Based Swedbank Revised To Positive; 'A/A-1' Ratings Affirmed – 2005/10/18 – US$ 225.00

More from S&P Global Ratings’ Credit Research

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.

About the Author

Cite this Report


MLA:	S&P Global Ratings’ Credit Research. "Swedbank L-T Rating Raised To 'A+' On Strengthened Control Of Int'l Operations; Outlook Stable" Oct 17, 2006. Alacra Store. May 06, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Swedbank-L-T-Rating-Raised-To-A-On-Strengthened-Control-Of-Int-l-Operations-Outlook-Stable-539153>

APA:	S&P Global Ratings’ Credit Research. (). Swedbank L-T Rating Raised To 'A+' On Strengthened Control Of Int'l Operations; Outlook Stable Oct 17, 2006. New York, NY: Alacra Store. Retrieved May 06, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Swedbank-L-T-Rating-Raised-To-A-On-Strengthened-Control-Of-Int-l-Operations-Outlook-Stable-539153>

US$ 150.00

$ £ €

Have a Question?

Any questions about the report you're considering? Our Customer Service Team can help! Or visit our FAQs.

Example Report

Click to View Sample Report

More Research

Search all our Residential Mortgage-Backed Securities from one place.