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.