STOCKHOLM May 21 Sweden's Financial Supervisory
Authority said on Wednesday it deemed a one percent
countercyclical buffer for the country's banks as reasonable and
that such a capital demand could be introduced from summer 2015.
That would take total core tier one capital demands for
Nordea, Handelsbanken, Swedbank
and SEB to between 14 and 19 percent as a percentage
of risk-weighted assets, or on average 16.4 percent, it said.
"The capital demand should be especially high for the big,
systemically important banks since the consequences should they
run into trouble could be very serious for the broader economy,"
FSA chief Martin Andersson said in a statement on its website.
"Our view is that the banks should be restrained with
dividends and buybacks going forward in order to meet higher
(Reporting by Mia Shanley and Daniel Dickson, editing by Simon