We expect Swedbank Sjuhärad's capital build to offset potential increases in risks through a potential economic deterioration in Sweden. Robust financial performance in combination with a conservative dividend policy means that the bank is accruing capital. We are revising our outlook on Swedbank Sjuhärad to stable from negative and affirming our 'BBB+/A-2' long- and short-term counterparty credit ratings. The stable outlook reflects expected sustained earnings performance and resilience against economic stress. STOCKHOLM (Standard&Poor's) May 3, 2013--Standard&Poor's Ratings Services today revised its outlook on Sweden's Swedbank Sjuhärad AB to stable from negative. At the same time, we affirmed our 'BBB+' long-term and 'A-2' short-term counterparty credit ratings on the bank. Following our annual review of Swedbank Sjuhärad,
