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

Swedbank Outlook Revised To Negative On Increased Baltic Uncertainty; 'A+/A-1' Rating Affirmed

Published Dec 21, 2007

617 words — Published Dec 21, 2007

Price US$ 150.00 | Buy this Report Now

About This Report

Abstract:

STOCKHOLM (Standard&Poor's) Dec. 21, 2007--Standard&Poor's Ratings Services said today that it had revised its outlook on Sweden-based Swedbank AB to negative from stable. At the same time the 'A+' long-term and 'A-1' short-term counterparty credit ratings were affirmed. "The outlook revision reflects the heightened risks stemming from Swedbank's Baltic banking operations, which currently account for as much as 15% of the bank's total lending and in excess of 30% of its operating profit," said Standard&Poor's credit analyst Miguel Pintado. Swedbank's wholly-owned subsidiary Hansabank is the market leader in the Republic of Estonia (A/Negative/A-1) and the Republic of Latvia (BBB+/Negative/A-2) and a major player in the Republic of Lithuania (A/Negative/A-1). High domestic credit growth in

Brief Excerpt:

RESEARCH Swedbank Outlook Revised To Negative On Increased Baltic Uncertainty; 'A+/A-1' Rating Affirmed Publication date: 21-Dec-2007 Primary Credit Analyst: Miguel Pintado, Stockholm (46) 8-440-5904; miguel_pintado@standardandpoors.com...

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

Swedbank AB – 2008/04/15 – US$ 500.00

Summary: Swedbank AB – 2008/04/15 – US$ 225.00

Rating Assigned To Swedbank Mortgage AB's Covered Bonds Issuance – 2008/04/21 – US$ 150.00

Swedbank AB Ratings Lowered One Notch To 'A'; Outlook Remains Negative – 2008/10/03 – US$ 150.00

Research Update: Swedbank AB Ratings Lowered To 'A' From 'A+'; Outlook Remains Negative – 2008/10/03 – US$ 225.00

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

Swedbank AB – 2007/08/31 – US$ 500.00

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

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

Swedbank L-T Rating Raised To 'A+' On Strengthened Control Of Int'l Operations; Outlook Stable – 2006/10/17 – US$ 150.00

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 Outlook Revised To Negative On Increased Baltic Uncertainty; 'A+/A-1' Rating Affirmed" Dec 21, 2007. Alacra Store. May 07, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Swedbank-Outlook-Revised-To-Negative-On-Increased-Baltic-Uncertainty-A-A-1-Rating-Affirmed-622185>

APA:	S&P Global Ratings’ Credit Research. (). Swedbank Outlook Revised To Negative On Increased Baltic Uncertainty; 'A+/A-1' Rating Affirmed Dec 21, 2007. New York, NY: Alacra Store. Retrieved May 07, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Swedbank-Outlook-Revised-To-Negative-On-Increased-Baltic-Uncertainty-A-A-1-Rating-Affirmed-622185>

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.