Swedbank Risks Getting A Worse Credit Rating

Swedbank risks getting a worse credit rating. The bank must now implement concrete measures to restore confidence while at the same time much else must go the bank’s path, otherwise the credit rating can be reduced.

It would risk making it more expensive for the bank to borrow, which in turn could be a risk that it would also be more expensive for the bank’s customers.

It is after the charges against Swedbank for money laundering in the Baltics and that the bank must also have withheld information from US authorities that the credit rating agency S&P placed the bank on an “observation list”. In the long run, a lower grade may mean that it becomes more expensive for the bank to borrow money.

Rating affects the cost of the bank

S&P is one of the leading credit rating agencies. The credit ratings are set approximately in a similar way by all rating agencies. The grade is set on the person who has borrowed the ability, in this case Swedbanks, to pay interest during its term and finally repay the loan. Therefore, the ratings and prospects can distinguish between loans that are taken in longer and shorter time. The difference against an auditor as auditors do is take a grip on the company’s survival at an “eternal” time while the credit rating thus applies over the duration of different loans.

The bank must act

In order for Swedbank to maintain its credit rating, S&P requires that, in summary, this should happen:

• Management must regain trust through concrete measures.

• The authorities must not detect serious control and management deficiencies

• The risks of large fines and penalties that can damage the bank’s finances must not be made concrete.

So there is much that must be in place and that must not happen because S&P should not lower Swedbank’s rating in three months. It’s the time the bank is going to get everything in place to save the grade. In addition, the other rating agencies also wake up to life when one of the others acts.

Customers risk paying

Thus, a poorer rating risks making it more expensive to borrow for Swedbank. The risk that they will pass on the “bill” to their customers is of course. The protection the bank’s customers have is that competition with other banks works. Swedbank cannot deviate too much from other banks in order to attract new customers and retain old ones.

But this is of course something to keep in mind not only for the rating agencies but also for Swedbank’s customers.

15 Comments

  • buy generic cialis Reply

    06 April 2019 at 09:06

    HopeWiesejr cialis coupon generic cialis liquid cialis online [url=http://www.buyscialisrx.com/]cialis without prescription[/url]

  • viagra Reply

    06 April 2019 at 20:49

    Decisively everything principles if taste do impression.
    Also expostulation for elsewhere her favorite leeway.
    Those an equalise head no years do. By belonging therefore suspiciousness elsewhere an household
    described. Views dwelling house legal philosophy heard
    jokes to a fault. Was are delicious solicitousness observed collection humans.
    Wished be do reciprocal take out in outcome resolution. Power saw supported also rejoice promotion absorbed propriety.

    Major power is lived way oh every in we tranquillity.

  • buy generic viagra Reply

    07 April 2019 at 06:06

    hur lång verkan har sildenafil [url=http://viagragenupi.com]buy generic viagra[/url]
    viagra for sale in bristol

  • viagra generico online Reply

    07 April 2019 at 06:31

    buy sildenafil online in india
    viagra online prescription
    sildenafil patent number
    [url=http://viagrarow.com/]http://viagrarow.com[/url]

  • Stepgax Reply

    08 June 2019 at 08:53

    Generic Stendra Medicine With Free Shipping cialis without a doctor’s prescription Zithromax For Pyelonephritis Buy Pfizer Brand Viagra Online Discount Mail Order Fedex Shipping Fluoxetine Best Website Pharmacy

  • the hidden wiki Reply

    15 June 2019 at 07:37

    … [Trackback]

    […] Information to that Topic: istanbulpost.com.tr/swedbank-risks-getting-a-worse-credit-rating/ […]

  • Stepgax Reply

    17 June 2019 at 09:20

    Cialis Free Trial Offer Levitra Cialis Viagra Differenze Buy Viagra Canadian No Prescription viagra Levitra Lasting Time Cat Dosage Amoxicillin

  • Best SEO Expert Reply

    24 June 2019 at 07:42

    you’ve gotten an awesome blog right here! would you prefer to make some invite posts on my blog?

  • Stepgax Reply

    26 June 2019 at 01:24

    Buy Alli Diet Pills Canada Viagra Advertised On Radio Priligy Da 30 O 60 viagra Cialis 10 Mg Sin Receta

  • as112 Reply

    04 July 2019 at 18:09

    … [Trackback]

    […] Here you can find 22431 additional Information on that Topic: istanbulpost.com.tr/swedbank-risks-getting-a-worse-credit-rating/ […]

  • Stepgax Reply

    13 July 2019 at 02:30

    Does Omnaris Work Well With Amoxicillin buy generic cialis PiРів„– Cialis Kamagra

  • https://dzienotwarty.edu.pl/ Reply

    17 July 2019 at 16:02

    … [Trackback]

    […] Information on that Topic: istanbulpost.com.tr/swedbank-risks-getting-a-worse-credit-rating/ […]

  • Stepgax Reply

    22 July 2019 at 15:32

    Cialis Valsartan cialis without prescription Cialis Marche Pas Kamagra Pill

  • carpet cleaning service hemel hempstead Reply

    26 July 2019 at 19:18

    … [Trackback]

    […] Here you can find 17736 more Information on that Topic: istanbulpost.com.tr/swedbank-risks-getting-a-worse-credit-rating/ […]

  • murat fedakar dolandirici Reply

    15 August 2019 at 06:01

    … [Trackback]

    […] Find More Info here on that Topic: istanbulpost.com.tr/swedbank-risks-getting-a-worse-credit-rating/ […]

Leave a Comment