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Rating

Swedbank´s rating strategy is to maintain a credit rating on par with that of the banks’ with the highest credit ratings in the Nordic region. Swedbank AB has obtained credit ratings from three rating agencies, Standard & Poor´s, Moody´s and Fitch, to provide debt investors with an external assessment of the bank´s financial and credit position. Ratings are assigned both to the bank’s short- and long-term funding programmes. The Group´s covered bond programme enjoys ratings from Moody´s and Standard & Poor´s.

 

 

Current rating 

    
 

Swedbank AB

 Swedbank Mortgage AB

Covered bonds

  

S&P      

ShortA-1 A-1   
LongA+NA+NAAAS
SACPa-     
    

Moody's      

ShortP-1 P-1   
LongA2SA2SAaan.a
BCABaa2     
BFSR C-     
  

Fitch      

ShortF1     
LongA+S    
Viability ratinga+     
 

P=positive outlook, S=stable outlook, N=negative outlook, SACP (S&P) = Stand-Alone Credit Profile, BFSR (Moody's) = Bank Financial Strength Rating, BCA (Moody's) = Baseline Credit Assessment

  

Rating analysts

Rating agency 

 Website

 Credit analyst

Covered bond analyst 

Standard & Poor'swww.standardandpoors.com Sean Cotten  Casper Andersen
Moody'swww.moodys.com(see reports belowfor contact details) 
Fitch Ratingswww.fitchratings.com Jens Hallén  n.a.

Rating reports

Rating agency 

Latest rating action

Latest rating report

Covered bond report

S&P  1 Dec 2011   28 Jun 2012  15 May 2013
Moody's  24 May 2012 25 May 2012 15 Mar 2013
Fitch  25 July 2012  31 Aug 2012  n.a. 

 

 

 

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