Earnings Release • Oct 26, 2014
Earnings Release
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The ECB and EBA confirm Swedbank's strong asset qualityand capitalisation
Swedbank has participated in the European Banking Authority (EBA) stress
test and Asset Quality Review (AQR). Swedbank's subsidiaries in Estonia,
Lithuania and Latvia have been part of the European Central Bank's (ECB)
Comprehensive Assessment, which encompasses stress test and AQR.
The results confirm Swedbank's strong asset quality and capital position
and show that Swedbank and its Baltic subsidiaries have sufficient
capital to withstand a severe stress scenario.
The results from the stress tests and the asset quality reviews have
been made available at ECB's and EBA's websites today, 26 October. To
access the result templates please use the following links:
https://www.eba.europa.eu/-/eba-publishes-final-templates-for-the-2014
-eu-wide-stress-test
http://www.ecb.europa.eu/ssm/assessment/html/index.en.html
For further information, please contact:
Gregori Karamouzis, Head of Investor Relations, phone: +46 72 740 63 38,
Peter Stenborn, Debt Investor Relations, phone: +46 70 676 60 92,
Swedbank promotes a sound and sustainable financial situation for the
many people, households and companies. Our vision is to contribute to
development "Beyond Financial Growth". As a leading bank in the home
markets of Sweden, Estonia, Latvia and Lithuania, Swedbank offers a wide
range of financial services and products. Swedbank has 8 million retail
customers and around 600 000 corporate customers and organisations with
318 branches in Sweden and 170 branches in the Baltic countries. The
group is also present in other Nordic countries, the US and China. As of
30 September 2014 the group had total assets of SEK 2 078 billion. Read
more at www.swedbank.com
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