2010-08-30 11:40
Swedbank's exposure to HQ Bank AB
Following the decision from Finansinspektionen (the Swedish Financial Supervisory Authority) to apply for HQ Bank AB to be entered into liquidation, Swedbank communicates its exposure towards the bank. Swedbank has a fully secured exposure of about SEK 88 million. The collateral mainly consists of cash and in addition shares (listed on OMX Stockholm 30). Further information, please contact: Johannes Rudbeck, Head of Investor Relations, tel: +46 70 582 56 56 Thomas Backteman, Head of Corporate Affairs, tel: +46 708 311 166