• 1-800-526-8630U.S. (TOLL FREE)
  • 1-917-300-0470EAST COAST U.S.
  • +353-1-416-8900REST OF WORLD
Nordic Banks Face Favorable Outlook At Home, Look East In Quest For Future Growth Mar 07 Product Image

Nordic Banks Face Favorable Outlook At Home, Look East In Quest For Future Growth Mar 07

  • ID: 1786910
  • March 2007
  • Standard & Poors

FEATURED COMPANIES

  • Danske Bank A/S
  • DNB Bank ASA
  • Jyske Bank A/S
  • Lansforsakringar Bank
  • Nykredit Realkredit A/S
  • SBAB Bank AB
  • MORE

Abstract
The ratings on the major banks of Denmark, Finland, Norway, and Sweden are expected to remain stable through 2007, supported by continuing benign economic conditions and robust and stable financial performances. In some cases, improved earnings capacity and sustainability could translate into positive rating actions. Although Standard & Poor's Ratings Services considers the region's banks well placed to manage most downturn scenarios, harder-than-expected landings in Iceland or the Baltic economies could put pressure on ratings on financial institutions with exposure to these markets. Nevertheless, we think it much more likely that any downgrade of a major Nordic bank would be driven by bank-specific actions rather than systemic developments. Not all Nordic banks are the same, however. While some have pursued...

Companies mentioned in this report are:
- Danske Bank A/S
- Danske Bank PLC
- Skandinaviska Enskilda Banken AB (publ)
- Swedbank AB
- Pohjola Bank PLC
- Svenska Handelsbanken AB
- DNB Bank ASA
- Nykredit Realkredit A/S
- SBAB Bank AB
- Landsbanki Islands
- Nordea Bank AB
- Jyske Bank A/S
- Lansforsakringar Bank
- READ MORE >

Note: Product cover images may vary from those shown

- Danske Bank A/S
- Danske Bank PLC
- Skandinaviska Enskilda Banken AB (publ)
- Swedbank AB
- Pohjola Bank PLC
- Svenska Handelsbanken AB
- DNB Bank ASA
- Nykredit Realkredit A/S
- SBAB Bank AB
- Landsbanki Islands
- Nordea Bank AB
- Jyske Bank A/S
- Lansforsakringar Bank
- Housing Financing Fund Ibudalanasjodur
- Storebrand Bank ASA
- Glitnir Bank

Note: Product cover images may vary from those shown
Note: Product cover images may vary from those shown

RELATED PRODUCTS