Swedbank AB (SWEDa.ST)
Wed, Jul 18 2018
* Swedish housing market has stabilised -CEO (Adds CEO comment, detail, background)
STOCKHOLM, July 18 Swedish banking group Swedbank reported a bigger than expected rise in second-quarter net earnings on Wednesday on the back of higher income from trading and a reversal of credit impairments.
STOCKHOLM, June 19 The Swedish blue collar trade union confederation LO on Tuesday said it had decided to switch banks for transactions to Swedbank from Nordea , following Nordea's decision to move its headquarters from Stockholm to Helsinki.
STOCKHOLM, April 24 Swedish banking group Swedbank reported first-quarter operating profit above market expectations on Tuesday, boosted by higher income and lower loan losses, and said it saw signs that the Swedish housing market was stabilising.
STOCKHOLM, April 24 Swedish banking group Swedbank reported first-quarter net earnings above market expectations on Tuesday and said it saw signs that the Swedish housing market is stabilising.
* UC AB OWNERS CONTRIBUTING TO BUILDING NEW NORDIC CREDIT SERVICES PLAYER
* SWEDBANK SAYS APPLICATION OF IFRS 9 HAS RESULTED IN A NEGATIVE EFFECT ON EQUITY OF SEK 2.1BN