Swedish Brilliance in EBA Tests Underpins Riskiest Debt Appeal

With an average common equity Tier 1 ratio of 18.1% in the adverse scenario, banks in Scandinavia’s largest economy did better than their competitors across the rest of Europe. The results ranked Swedbank AB the top performer among publicly traded banks. Its overall ranking in the test, which assessed 51 banks in an adverse scenario, was No. 2 after German development bank NRW.Bank. Sweden’s biggest mortgage bank would still have a CET1 ratio of 23.1% of risk-weighted assets in the EBA’s worst-case model. Finnish, Norwegian and Danish banks were also among the best capitalized in the tests. (Bloomberg)



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