News: Swedbank AB (SWDBY.PK)
Wed, Nov 20 2013
Nov 20 - (The following statement was released by the rating agency)
STOCKHOLM - Growth in core lending activities at Swedbank eased worries about profitability at Nordic banks in the third quarter, sending shares across the sector higher on Tuesday.
* Shares up 4.4 percent, other Nordic banks also up (Adds CFO comment, analyst, share price reaction)
STOCKHOLM, Oct 22 - Swedbank : * CFO says does not see risk of intensified price pressure in mortgages
STOCKHOLM, Oct 22 - Swedish banking group Swedbank posted third-quarter operating profit ahead of expectations on Tuesday, boosted by strong income from lending operations.
* HSBC, UBS, BNP Paribas, Swedbank all seen lifting dividends
STOCKHOLM - Swedbank , one of Europe's strongest banks, reported a fall in second quarter profit on Tuesday and warned of tougher times ahead in Sweden's mortgage market due to increased competition.
* Sees rising importance of leverage ratio (Recasts, adds CFO, analyst comments)
STOCKHOLM, July 16 - Swedish banking group Swedbank posted a second-quarter operating profit that missed forecasts on weaker-than-expected net items at fair value and on an unexpected writedown related to its IT system.
STOCKHOLM, June 10 - Swedbank : * Announces tender offer for government guaranteed notes