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Fitch Affirms Ratings on Svenska Handelsbanken AB at AA-, Outlook Stable

Wednesday, 20 Nov 2013 08:03am EST 

Fitch Ratings announced that it is affirming Svenska Handelsbanken AB's (Handelsbanken) Long-term Issuer Default Rating (IDR) at 'AA-', Short-term IDR at 'F1+', and Viability Rating (VR) at 'aa-'. The Outlook on the Long-term IDR is Stable. The affirmation of Handelsbanken's VR and IDRs (and senior debt rating) reflects Fitch's view that Handelsbanken's historical focus on risk-return and its strong risk culture, including conservative underwriting policies, will enable it to maintain healthy internal earnings generation.