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“In Sweden commercial banks provide loans to larger companies and niche banks lend to smaller firms. Such credits have typically been secured with real estate, inventory or other property. However, changes in the bankruptcy laws have triggered a switch from...
The Export Credits Guarantee Board (EKN) offers long-term financing; Svensk Exportkredit handles short-term financing. The EKN, which is 100% state…
As expected, Sweden’s central bank has reduced interest rates by 0.25 percentage points to the lowest level since the end…
#bank#inflation#interest rates
Sweden delivered a crushing rejection of the single currency yesterday (14 September), turning its back on closer integration with Europe…
The National Institute of Economic Research reports that the Swedish economy is continuing its gradual recovery. Gross domestic product is…
The Riksbank, Sweden's central bank, surprised financial markets yesterday morning by lowering its key rate for the second time in…
The planned merger between SEB and FцreningsSparbanken, two of Sweden’s largest banks, has become unviable as a result of concessions…
Yesterday Svenska Handelsbanken, the largest bank in Sweden and parent of one of the Swedish factoring industry’s major players, Handelsbank…
Two of Sweden’s largest banks, SEB and FцreningsSparbanken, yesterday announced plans for a $15.9bn merger. It is hoped that the…