S&P has revised SBAB Bank’s rating from ‘A+’ to ‘A’. At the same time the short-term rating have been affirmed.
On 14 December 2012, Standard and Poor's lowered SBAB Bank's long-term rating from ‘A+’ to ‘A’ with a negative outlook. SBAB Bank’s short-term counterparty credit rating is not affected and has been affirmed at ‘A-1’. The revision is based on Standard & Poor’s reassessment of the link between the Swedish Government and SBAB Bank.
For further information, please contact:
Lennart Krän, CFO SBAB Bank
Telephone: +46-8-614 43 28, Mobile: +46-727-42 43 28, lennart.kran@sbab.se
Bernd Schmitz, Chief Press Officer SBAB Bank
Telephone: +46-8-614 43 94, Mobile: +46-727-44 43 94, bernd.schmitz@sbab.se