Riksbank Keeps Interest Rates on Hold in Surprise Move
The Riksbank paused its tightening campaign, refraining from inflicting a ninth increase in borrowing costs on an increasingly
2023-11-23 19:45
Nordic Banks Face Latvian Hit From Planned Mortgage Rate Cut
Latvia’s parliament is poised to pass legislation that would slash mortgage interest rates for one year and leave
2023-11-09 22:46
SEB’s Third-Quarter Earnings Show Boon From Rates Begins to Ease
SEB AB, the largest Swedish bank by market capitalization, posted a third-quarter net interest income that matched analysts’
2023-10-25 14:23
Sweden Bank Shares Gain as Windfall Tax Proposal Blocked
The second biggest party in Sweden’s parliament has effectively blocked a proposal by the Social Democrats to impose
2023-10-04 18:28
Riksbank Hikes Swedish Rate With Door Kept Open to Act Again
Sweden’s Riksbank raised borrowing costs by a quarter point and signaled an intensified response to stubborn inflation that
2023-09-21 17:55
Sweden Bets It Can Isolate Real Estate Risks to Troubled SBB
Sweden’s real estate crisis is raising echoes of a crash in the 1990s that sparked a full-blown financial
2023-08-25 12:56
Sweden’s Recession Seen Lasting Longer With Households Pressured
Sweden’s economy is facing two years of contraction — more than previously thought — as rising costs force
2023-08-23 14:45
Latvian Finance Ministry Seeks to Impose 20% Annual Bank Tax
Latvia may raise about €140 million ($153 million) in additional tax revenue next year under a proposal that
2023-08-14 18:23
Danske Bank’s Earnings Beat Estimates on Lending, Trading
Danske Bank A/S, Denmark’s largest lender, posted second-quarter net interest income which beat analyst estimates, supported by both
2023-07-21 14:23
Swedbank Second-Quarter Profit Tops Estimates on Rates Tailwind
Swedbank AB delivered better-than-expected income from lending activities in the second quarter, joining peer Nordea Bank Abp in
2023-07-18 13:29
Swedish Real Estate Woes Pile Rating Pressure on Handelsbanken
Svenska Handelsbanken AB, Sweden’s third biggest bank by market value, may see its public credit rating lowered if
2023-07-08 16:23
Swedish Banks Can Withstand Real Estate Collapse, SEB Says
Sweden’s largest bank says the nation’s lenders are strong enough to support the turbulent property markets, even as
2023-07-07 12:22