Skandinaviska Enskilda Banken AB: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
Provider: Reuters Investment Profile
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Fitch Ratings Affirms Ratings on Skandinaviska Enskilda Banken AB at A+
Fitch Ratings announced that it has affirmed Skandinaviska Enskilda Banken AB's (SEB) Long-term Issuer Default Rating (IDR) at 'A+', Viability Rating (VR) at 'a+' and Short-term IDR at 'F1'. The ratings are driven by SEB's domestic franchise, particularly in corporate and merchant banking, its solid capitalisation, its sound asset quality and revenue generation. They also reflect its structural reliance on wholesale funding, although the group has retained good access to debt capital markets.
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