Archive
The economic recovery continues in the US and it is now only a matter of time before the central bank begins to reduce its stimulus measures in the form of bond purchases. In Sweden, inflation declined which gave the markets hope for a rate cut as early as July.
23-05-2013 17:00
News
There have not been any major changes in the global economy since the monthly report "Placeringsnytt" (Placement News) last week. China's growth is still below trend. A positive labour market trend in the US inspires confidence and Europe may be nearing the bottom of the business cycle.
China reported mixed figures last week, with a downward trend, which confirms that China’s economic growth remains below trend.
17-05-2013 13:48
News
The magazine The Covered Bond Report has awarded institutions and deals that have demonstrated the best of the covered bond market in the past year, from April 2012 to March 2013. Swedbank was awarded for its investor relations work.
15-05-2013 15:21
News
Reduced political uncertainty in Europe's crisis countries, surprisingly positive order intakes and consumption in the US, and continued monetary policy stimulus mean that the improved global business cycle scenario remains.
07-05-2013 17:00
News
Anders Eklöf, Chief FX Strategist at LC and I at Swedbank, is commenting on the ECB's decision to lower the interest rate.
Tags:
ECB
03-05-2013 16:48
Videos
Italy has a new government, a broad coalition between different parties and with Enrico Letta as Prime Minister. A weak dollar and a large domestic market is boosting the U.S. economy. In Sweden, new orders in industry increase, albeit slowly.
30-04-2013 11:11
News
Lex's Stuart Kirk and Oliver Ralph discuss around Swedbank and the Swedish bank sector.
29-04-2013 10:32
Videos
A short presentation of Swedbank Group, 31 March, 2013.
23-04-2013 15:37
Presentations
Last week was an off-week for stockmarkets. First quarter macro figures came in weaker than market expectations, which resulted in risky assets being sold and profits taken. Most stockmarkets did well in the first three months so there was quite a bit of profit to take. Slower economic growth statistics from China and recurring concerns about growth in Europe also contributed to market uncertainty.
23-04-2013 14:34
Publications
Swedbank-CEO: Don't over-regulate the banking sector.
23-04-2013 09:50
Videos
CEO Michael Wolf and CFO Göran Bronner are commenting on the results for the first quarter 2013.
Tags:
intrim report
23-04-2013 08:11
Videos
Presentation of Q1 2013 Results from the Analyst Conference by CEO Michael Wolf, CFO Göran Bronner and CRO Håkan Berg.
Tags:
Interim Report
23-04-2013 07:17
Presentations
23-04-2013 06:30
Press releases
Chief Economist Cecilia Skingsley at Swedbank, gives her view on the decision from the Executive Board of the Riksbank to hold the repo rate unchanged at 1 per cent and to make a downward adjustment to the repo-rate path.
Tags:
repo rate
17-04-2013 11:49
Videos
Growth prospects are gradually brightening, but at the same time the forecast is that it will now take longer before inflation attains the target of 2 per cent. The repo rate needs to remain at a low level for a longer period of time to support the recovery to ensure that inflation rises towards the target. The Executive Board of the Riksbank has therefore decided to hold the repo rate unchanged at 1 per cent and to make a downward adjustment to the repo-rate path. Increases in the repo rate are not expected to begin until the second half of 2014.
17-04-2013 10:00
News
Magnus Alvesson, Head of Economic Forecasts at Swedbank, is commenting on the report Swedbank Economic Outlook, presented on 10 April 2013.
Tags:
Swedbank Economic Outlook,
report,
analysis
12-04-2013 13:53
Videos
Northern lights – flickering but shining bright
10-04-2013 10:19
Publications
Swedbank’s interim report January – March 2013 will be published at 06.30 CEST on Tuesday, 23 April, 2013. You are invited to participate in the following presentations:
09-04-2013 11:00
Press releases
Swedbank has decided to discontinue its remaining operations in Ukraine and Russia and has signed a share purchase agreement regarding its Ukrainian subsidiary with Mr. Mykola Lagun, the majority owner in Delta Bank.
01-04-2013 11:00
Press releases
Pursuant to the conversion clause set forth in Swedbank AB’s (“Swedbank”) articles of association the Board of Directors has today resolved to convert all preference shares into ordinary shares.
26-03-2013 08:00
Press releases
The situation in Cyprus created significant concern last week and most markets tumbled. Cyprus is now getting its emergency loan of EUR 10 billion from the troika (EU, ECB and IMF) but with a pistol pointed to its head. The solution in Brussels was reached in the early hours of Monday and just hours before the European Central Bank’s deadline of stopping the flow of money to Cypriot banks.
Tags:
Emergency loan,
EU,
ECB,
IMF,
Cyprus
25-03-2013 15:42
News
At today's Annual General Meeting, all current Board members were re-elected, namely, Olav Fjell, Ulrika Francke, Göran Hedman, Lars Idermark, Anders Igel, Pia Rudengren, Charlotte Strömberg, Anders Sundström, Karl Henrik Sundström and Siv Svensson.
The Annual General Meeting elected Anders Sundström as Chair of the Board of Directors. The Annual General Meeting resolved unchanged Board fees.
20-03-2013 14:24
Press releases
Export-supported growth last year was held back by low expectations; prospects look better in 2013
Tags:
GDP,
Export,
Monthly letter
19-03-2013 17:03
Publications
There are primarily three areas that the Investment Center closely monitors: developments in the eurozone, with high unemployment and fundamental differences between countries; the US government debt and how it should be managed in the long term; and reduced growth in China.
Tags:
eurozone,
debt,
Cyprus
19-03-2013 10:30
News
Cecilia Skingsley is commenting on the agreement that the government on Cyprus and the Eurogroup has decided on regarding the support package for the banking system on Cyrus.
18-03-2013 13:24
Videos
The housing affordability index (HAI) increased to 127.8 in Vilnius, 156.7 in Riga, and 171.8 in Tallinn
Tags:
Baltic,
Housing,
HAI,
Affordability
14-03-2013 16:54
Publications
Price competitiveness of exported goods is at risk on foreign markets
Tags:
Estonia,
Monthly letter
12-03-2013 17:03
Publications
The growth will slow this year, but to remain among EU frontrunners
11-03-2013 16:55
Publications
The growth will slow this year, but to remain among EU frontrunners
Tags:
Flash comment,
Estonia
11-03-2013 16:52
Publications
GDP growth mainly supported by domestic demand
Tags:
Estonia,
Flash comment,
GDP
11-03-2013 16:48
Publications
Consumer price inflation continues retreating
Tags:
Flash comment,
CPI,
Latvia
08-03-2013 16:32
Publications
Increase in electricity prices compensated by the decrease in transport costs influenced consumer prices the most in February
07-03-2013 16:37
Publications
Increase in electricity prices compensated by the decrease in transport costs influenced consumer prices the most in February
07-03-2013 15:50
Publications
“The results of the Italian elections will impact the recovery in Europe given that Italy, Europe’s third largest economy, will remain in an uncertain political situation for a long time to come. The election results will probably entail higher volatility and lower risk sentiment in the European markets,” says Martin Bolander, market strategist at Swedbank Investment Center.
06-03-2013 09:20
News
Services PMI rises to 54.6 in February: strengthening recovery in the service economy
Tags:
Purchasing Managers´Index - Services,
PMI-S,
Indicator
05-03-2013 16:14
Publications
Pursuant to the conversion clause set forth in Swedbank AB’s (“Swedbank”) articles of association, all preference shares will converted into ordinary shares following the annual general meeting 2013.
05-03-2013 08:05
Press releases
The allocation of shares in Swedbank AB (”Swedbank”) has changed due to owners of preference shares having requested during the month of February, 2013 conversion of an aggregate of 6,944,758 preference shares into ordinary shares pursuant to the conversion clause set forth in Swedbank’s articles of association.
05-03-2013 08:00
Press releases
The Board of the Swedish Bankers' Association has decided that the Swedish Bankers' Association will assume overall responsibility and become the principal for Stibor.
04-03-2013 09:47
News
PMI climbs to 50.9 in February – the Swedish industrial economy continues to improve
Tags:
PMI,
Purchasing Managers´Index,
Indicator
01-03-2013 16:07
Publications
Swedbank´s Cecilia Skingsley writes a guest column for Svenska Dagbladet. The Swedish government is currently conducting innovative work to bring together the understanding of the interaction between the financial and real economies. Just like a boxer, states need to be good at predicting problems and being resilient when the blows come.
01-03-2013 12:24
News
Increase in electricity prices compensated by the decrease in transport costs influenced consumer prices the most in February
Tags:
Latvia,
Monthly letter,
CPI
27-02-2013 16:41
Publications
Recommended food basket for a four-person family per month in Latvia costs around 14% more than in Lithuania, and around 5% more than in Estonia. These results were revealed by Baltic Institutes for Private Finances, Swedbank, in a study of food prices in Baltic countries.
27-02-2013 13:09
News
26-02-2013 11:21
Videos
Labour costs grew faster than productivity in 2012
22-02-2013 14:55
Publications
On 18 February, Nils Ušakovs, Riga City Council Chairperson, and Māris Mančinskis, CEO at Swedbank Latvia, signed an agreement to continue the implementation of the grant programme “ATSPĒRIENS” (TAKEOFF) in 2013. The competition for new entrepreneurs will take place for the fifth year, and the total amount of grants under the programme for the year 2013 will be LVL 98,000. The size of grant available per one business idea under the programme is up to LVL 8,000. New entrepreneurs are invited to apply for the programme till March 20.
22-02-2013 09:29
News
20-02-2013 16:07
Press releases
The global recovery continues led by the US and China. Growth in Europe is slower, but in Sweden there are now clear signs of an economic upturn. This was one of the reasons why the repo rate was not lowered last week.
20-02-2013 13:15
News
More expensive crude lifts commodity prices
14-02-2013 14:31
Publications
The unemployment rate at 13.8% in 4Q 2012
Tags:
CPI,
Latvia,
Flash comment
14-02-2013 14:16
Publications
CPI increased by 0.2% in January, more to come
Tags:
CPI,
Lithuania,
Flash comment
14-02-2013 14:02
Publications
Unemployment rate continued to decrease in the 4th quarter of 2012
Tags:
Unemployment,
Estonia,
Flash comment
14-02-2013 13:53
Publications
The shareholders in Swedbank AB are hereby given notice to the Annual General Meeting at Dansens Hus, Barnhusgatan 14, 111 24 Stockholm, on Wednesday 20 March 2013 at 10:00 am (CET).
13-02-2013 16:45
Press releases
Knut Hallberg, Senior Economist at Large Corporates and Institutions, Swedbank, is commenting on the Swedish Riksbank's decision to leave the repo rate unchanged at 1.00 per cent.
Tags:
repo rate
13-02-2013 09:40
Videos
Growth in the Swedish economy is still weak and inflationary pressures are low. But there are some positive signs pointing towards stabilisation and strengthening in economic activity over the year. Developments are in line with the assessment made by the Riksbank in December. The repo rate needs to remain low to support the economy and to ensure inflation rises to the target of 2 per cent. The Executive Board of the Riksbank has therefore decided to hold the repo rate unchanged at 1.0 per cent. The repo rate is expected to remain at this low level over the coming year.
13-02-2013 09:33
News
Swedbank’s business unit Large Corporates and Financial Institutions (LC&I) was formed to meet the demand for integrated financial solutions among large corporations, financial institutions and organisations. LC&I is now taking the next step to further advance its client-centric model. By coordinating its operations internally, LC&I will deliver fully integrated advisory and analysis.
11-02-2013 17:10
Press releases
Economic growth accelerated in the last quarter of 2012
Tags:
GDP,
Estonia,
Flash comment
11-02-2013 13:32
Publications
Sara Arfwidsson, Market Strategist at Swedbank's Investment Center, Jörgen Olofsson, Portfolio Manager at Swedbank Robur and Knut Hallberg, Senior Economist at Large Corporate and Intitutions at Swedbank discuss the current market situation.
Tags:
outlook
08-02-2013 16:17
Videos
Consumer prices down by 0.2% mom in January (up 0.6% yoy)
Tags:
CPI,
Latvia,
Flash comment
08-02-2013 12:15
Publications
Public finances are sound, but shadow economy remains a problem
Tags:
VAT,
Lithuania,
Monthly letter,
Economics
08-02-2013 12:03
Publications
Increase in electricity prices compensated by the decrease in transport costs
Tags:
CPI,
Estonia
07-02-2013 11:26
Publications
In January, stockmarkets benefited from US politicians’ agreement on the so-called fiscal cliff. Both the US and European stockmarkets rose more than those in emerging markets. We believe that the Swedish krona will continue to strengthen even if the Riksbank lowers interest rates in the spring.
Tags:
monthly comment,
Investment Center
06-02-2013 13:36
News
Services PMI rises to 52.4 in January: the service economy is improving
Tags:
Purchasing Managers´Index - Services,
PMI-S
05-02-2013 13:14
Publications
PMI rises to 49.2 in January – Swedish industrial economy stabilizing
Tags:
PMI,
Purchasing Managers´Index,
Indicator
01-02-2013 08:30
Publications
A short presentation of Swedbank Group, 31 December, 2012.
31-01-2013 13:06
Presentations
"The real economy is still biting and the credit demand remains lackluster," Michael Wolf told CNBC.
Tags:
Year-End Results
31-01-2013 11:15
Videos
Growth in 2012 - slightly above expectations
Tags:
GDP,
Lithuania,
Flash comment
30-01-2013 11:08
Publications
Presentation of Year-End Results 2012 from the Analyst Conference by CEO Michael Wolf, CFO Göran Bronner and CRO Håkan Berg.
30-01-2013 08:30
Presentations
CEO Michael Wolf and CFO Göran Bronner are commenting on the Year-End Report 2012.
Tags:
Year-End Report
30-01-2013 08:24
Videos
30-01-2013 06:30
Press releases
Martin Bolander, Senior Market Strategist at Swedbank's Investment Center, Jörgen Olofsson, Portfolio Manager at Swedbank Robur and Knut Hallberg, Senior Economist at Large Corporate and Intitutions at Swedbank discuss the current market situation.
16-01-2013 10:47
Videos
The worst is behind us – but challenges remain
16-01-2013 10:29
Publications
Swedbank’s Nomination Committee proposes Anders Sundström as new Chair of the Board of Directors of Swedbank. The Nomination Committee further suggests re-election of all current board members Olav Fjell, Ulrika Francke, Göran Hedman, Lars Idermark, Anders Igel, Pia Rudengren, Charlotte Strömberg, Karl-Henrik Sundström and Siv Svensson.
16-01-2013 08:30
Press releases
15-01-2013 15:29
Press releases
Average consumer price growth at 2.3% in 2012
Tags:
CPI,
Latvia,
Flash comment
09-01-2013 10:55
Publications
Tomas Hedberg has been appointed CEO of Swedbank Robur. At the moment, Tomas Hedberg is head of interest rate and currency trading at Large Corporates & Institutions, Swedbank. He has held leading positions in the financial sector for many years. He will take up his new position on 28 January 2013.
09-01-2013 08:45
Press releases
External price pressures will diminish, domestic will take over
Tags:
Estonia,
CPI,
Flash comment
08-01-2013 10:26
Publications
PMI climbs to 44.6 in December – downward trend in industrial economy leveling off
Tags:
PMI,
Purchasing Managers´Index,
Indicator
02-01-2013 08:30
Publications
The Latvian charity campaign Angels Over Latvia resulted in donations of EUR 428 317. The money was donated on 16 December during a gala event organised by Swedbank, LNT, Rimi and Ziedot.lv. The campaign is seeking aid for children who require specific and long-term treatment or rehabilitation because of inborn disorders or tragic accidents. The result will enable aid for 62 children.
Tags:
Angels over Latvia
21-12-2012 13:28
News
Sweden's largest investors (tier 1) ranked Swedbank's Large & Institutions (LC&I) as the country's best in credit products and credit research, in Prospera's annual survey.
20-12-2012 10:30
Press releases
The global economy closes the year on a down note – major challenges await in 2013
Tags:
Global,
Monthly letter,
Economy
19-12-2012 09:54
Publications
Cecilia Skingsley, Head of FX and Fixed Income Research at Swedbank is commenting on the Riksbank's decision to cut the repo rate in Sweden by 0.25 percentage points.
Tags:
repo rate,
Riksbank
19-12-2012 08:56
Videos
Weak economy continues to pressure commodity prices
Tags:
Energy,
Oil,
Crude
18-12-2012 15:10
Publications
The Executive Board of the Riksbank has decided to cut the repo rate by 0.25 percentage points to 1.0 per cent, to support the Swedish economy so that inflation rises towards the target of 2 per cent.
18-12-2012 10:10
News
Investors and issuers that are active in the Swedish bond market have a strong interest in bonds, but the appetite has somewhat decreased in the last quarter. Furthermore, investors are unhappy with the current yield levels and expect an increase, while issuers are optimistic and expect a decrease. This is all according to the latest Credit Market Barometer conducted by Swedbank. Read the full survey in the document attached.
18-12-2012 09:55
News
Swedbank in Estonia has granted 29,438.80 Euros to seven different projects in the twelfth young entrepreneurs’ competition Shining Stars. Before presenting the ideas for an audience, the finalists had to present their ideas for a jury.
Tags:
Swedbank Estonia,
The Shining Stars Projects
13-12-2012 10:03
News
Fluctuations in manufacturing continues
Tags:
Estonia,
Monthly letter,
Manufacturing
13-12-2012 09:22
Publications
The stockmarket is deemed to have done well so far, as we look back on 2012. The global index has risen by about 10 per cent; Europe - with its weak demand, weak currency and poor government finances in several countries - has risen 13 percent; Sweden - with its strong currency and sound government finances - has risen by no less than 14 percent.
11-12-2012 13:01
News
The housing affordability index (HAI) strengthened in Riga and Vilnius, but weakened in Tallinn although from a high level
Tags:
HAI,
Riga,
Vilnius,
Tallinn,
Index,
Housing
10-12-2012 10:25
Publications
Growth rebounded on domestic demand in 3Q
10-12-2012 10:25
Publications
The global economy developed more strongly than expected at the start of the year. Quantitative easing by central banks, including stimuli via the European Central Bank's fixed-rate loans, gave rise to greater confidence and a stronger performance by both the financial markets and the real economy.
10-12-2012 10:01
Blog
Moderate consumer price growth to continue
Tags:
CPI,
Latvia,
Flash comment
10-12-2012 08:57
Publications
Exports lead the growth, concerns about slowing investment activity
Tags:
GDP,
Latvia,
Comment
07-12-2012 10:50
Publications
Falling fuel prices slow price growth in November
07-12-2012 10:42
Publications
November was a mixed month for equities. A number of weak quarterly reports and concerns about the so-called fiscal cliff has affected the US negatively. Europe has done better, thanks to a continued easing of the debt crisis. In Asia, China's stockmarket lost further ground, while the Japanese stockmarket has risen.
06-12-2012 23:34
News
Services PMI drops to 46.4 in November – sharpening downward trend in service economy
05-12-2012 16:38
Publications
Swedbank Debt Capital Markets (DCM), part of Large Corporates & Institutions (LC&I), has recently increased its focus on EUR new issues by establishing a EUR syndicate function headed by Per-Åke Nyberg. This year, Swedbank has acted as Lead Manager for a number of EUR issues such as Volvo, BNP Paribas Autonoria and Stockmann.
04-12-2012 09:15
Press releases
PMI inches up to 43.2 in November – continued contraction of the industrial economy
03-12-2012 16:42
Publications
Why does the Latvian economy keep expanding so fast?
Tags:
Latvia,
Economics,
GDP,
Monthly Letter
29-11-2012 15:44
Publications
Swedbank will restructure its Swedish operations as of January 1st 2013 in order to offer better customer experience, sharpen focus on developing digital banking services, and clarify branch offices´ role and responsibilities.
28-11-2012 08:30
Press releases
Wages continue to grow at moderate speed
26-11-2012 16:31
Publications
Swedbank is Sweden’s best company in terms of corporate governance reporting. PwC arranged the Best Corporate Governance Reporting competition for the eighth time in order to highlight good examples of applying the Swedish Code of Corporate Governance.
Tags:
Corporate Governance,
PwC,
Award
26-11-2012 10:18
News
Real net wages continued contracting in the third quarter
23-11-2012 16:11
Publications
China is in the process of appointing members to the presidium and the pressure is great, especially in the longer term, for China's new politicians to implement growth-enhancing reforms. Everything possible will be done to maintain China's growth at relatively high levels.
22-11-2012 14:47
News
The outside world makes itself heard – rapid slowdown in the Swedish economy
Tags:
Sweden,
Monthly letter,
Economics
22-11-2012 09:40
Publications
Thursday, November 22, is the nationwide Job Shadow Day in Estonia involving the Job Shadow Day Crown. This year, the Job Shadow Day Crown involves the shadowing of 29 top players, including Andrus Ansip (Prime Minister), Priit Perens (Chairman of the Board of Swedbank Estonia) and Robert Kitt (Member of the Board of Swedbank Estonia).
21-11-2012 13:50
News
China’s strained economy – the new political leaders should focus on reforms rather than stimulus
21-11-2012 09:50
Publications
On Thursday 15 November - with the 18th Party Congress in Beijing having ended the day before – it was announced whom the party had chosen as members of the new Politburo Standing Committee i.e. the real political power in China.
19-11-2012 09:48
Blog
Commodity prices fall broadly
Tags:
Oil,
Crude,
Commodities
16-11-2012 13:40
Publications
Unemployment rate fell to 12.3%, further improvement is less certain
Tags:
Unemployment,
Lithuania,
Flash comment
16-11-2012 11:23
Publications
China's 18th Party Congress ends today and tomorrow, 15 November, we will know who will hold supreme power in the Politburo i.e. the people who will govern the country in the coming decade.
14-11-2012 15:42
Blog
Unemployment rate falls to 9.7% in 3Q
Tags:
Flash comment,
Estonia,
Unemployment
14-11-2012 11:55
Publications
Annual employment growth at 3.4% in the third quarter of 2012
Tags:
Employment,
Latvia,
Flash comment
14-11-2012 11:42
Publications
Two out of 10 Baltic PR Awards were received by Swedbank in the ceremony held in Riga on November 12. Swedbank Latvia was recognized in the Issues & Crisis Communication category for handling of the Swedbank rumor case in December last year and Swedbank Lithuania has received an award in Digital Communication for social media pioneering in Lithuanian banking sector.
13-11-2012 15:19
Videos
Economic growth accelerates in 3Q
12-11-2012 17:07
Publications
Latvia is the fastest growing EU economy for the third consecutive quarter
Tags:
GDP,
Latvia,
Flash comment
09-11-2012 16:44
Publications
CPI declined by 0.2% in October, but don’t hold your breath
Tags:
CPI,
Lithuania,
Flash comment
09-11-2012 16:25
Publications
Latvian consumer prices remain unchanged in October
08-11-2012 16:10
Publications
It’s now official that President Barack Obama has been re-elected. Moreover, the Democrats again appear to have a majority in the Senate, whilst Republicans continue to lead the House of Representatives. Thus the status quo prevails - USD 6 billion later. Despite this expensive campaign and no major change in the powers that be, this election result is to be preferred for the US and for the global economy.
Tags:
election
07-11-2012 19:51
Blog
Consumer price growth accelerates in October
Tags:
CPI,
Estonia,
Flash comment
07-11-2012 15:45
Publications
Knut Hallberg, Senior Economist, and Thomas Jellvik, Equity Strategist, both at Swedbank, comment on the reelection of President Obama in the US.
Tags:
comment,
election
07-11-2012 09:10
Videos
On 5 November Swedbank launched a digital platform developed in Latvia - Business Network.The Business Network innovatively combines a customer relations management (CRM) system and social networking functionality, as well as providing other opportunities. The Business Network will be available from 12 November and will allow making contacts with all companies that are Swedbank customers and have registered with the network. This opens an opportunity for every entrepreneur to meet over 75 000 other businesses from all over Latvia.
Tags:
Business Network
05-11-2012 21:18
News
Services PMI rises to 50.3 in October: decline in service economy turns around
Tags:
PMI-S,
Services,
Purchasing Managers´Index - Services,
Indicator
05-11-2012 11:17
Publications
PMI drops to 43.1 in October – a steeper downward trend in industry
Tags:
PMI,
Purchasing Managers´Index,
Indicator
01-11-2012 08:30
Publications
More misery via the media – but recent economic indicators actually tell us something
Tags:
Indicator,
Analysis,
Economics,
Discussion Paper
31-10-2012 10:07
Publications
Parliament elections suggest change in government
Tags:
Elections,
Lithuania,
Parliament,
Flash comment
29-10-2012 12:02
Publications
GDP growth in the third quarter accelerated to 4.4%
Tags:
GDP,
Lithuania,
Flash comment
29-10-2012 11:39
Publications
Income distribution in Estonia- did the crisis change anything?
Tags:
Estonia,
Income distribution,
Analysis
29-10-2012 11:26
Publications
In order to encourage people to be smart about their money, and especially to create savings, Swedbank, in cooperation of Latvian experts, has created a customer loyalty program called ‘Smart Points’.
25-10-2012 12:28
News
Risk of deeper and lengthier global slowdown
Tags:
US,
Germany,
Eurozone,
Global,
Economics
25-10-2012 10:06
Publications
Cecilia Skingsley, Head of FX and Fixed Income Research at Swedbank is commenting on the Swedish Riksbank's decision to leave the repo rate unchanged at 1.25 per cent.
Tags:
repo rate,
Riksbanken
25-10-2012 09:30
Videos
The Swedish stock exchange ended last week on a negative note, wiping out most of the week’s increase. Stockmarkets in the eurozone did better following decreasing concerns relating to Spain and Italy where market rates subsequently fell. The US stock exchange also closed at a minus on Friday following weak reports. The risk in the market has risen somewhat.
24-10-2012 20:29
News
A short presentation of Swedbank Group, 30 September, 2012.
23-10-2012 12:03
Presentations
Presentation of Q3 2012 results from the Analyst Conference by CEO Michael Wolf, CFO Göran Bronner and CRO Håkan Berg
23-10-2012 09:10
Presentations
Swedbank CFO Michael Wolf: "We are hiring and Investing" .
Michael Wolf tells CNBC that the company has been very prudent with their balance sheet for three years, which is now allowing them to hire.
23-10-2012 08:15
Videos
CEO Michael Wolf and CFO Göran Bronner are commenting on the Interim Report Q3 2012 and are giving their view on the future.
Tags:
Interim Report
23-10-2012 07:37
Videos
23-10-2012 07:00
Press releases
A few years ago - just after the financial crisis and the global recession - US economists were relatively optimistic about the future. Throughout their careers, they had been accustomed to V-shaped recessions, i.e. relatively quick downturns followed by quick upturns. This time it was different!
22-10-2012 08:49
Blog
Rising commodity prices despite weak global conditions
Tags:
Crude,
Oil,
Commodity,
Energy,
Index
17-10-2012 15:26
Publications
The stockmarket has fallen slightly in recent weeks. The Q3 reporting season has just started and seems to be in line with subdued expectations.
17-10-2012 10:23
News
Sun is shining on manufacturers, but households remain in the shade
16-10-2012 15:34
Publications
There are several reasons for remaining positive towards the equity markets going forward. Low bond yields and undervalued equity markets in Europe, for example, are two examples.
10-10-2012 12:44
News
Swedbank’s interim report January – September 2012 will be published at 07.00 CET on Tuesday, 23 October, 2012. You are invited to participate in the following presentations:
09-10-2012 13:30
Press releases
Latvia is likely to have fulfilled Maastricht price stability criterion in September 2012
Tags:
Latvia,
CPI,
Flash
08-10-2012 15:08
Publications
Consumer prices increased by 0.7% in September
Tags:
CPI,
Lithuania,
Flash comment
08-10-2012 14:56
Publications
Demography and its economic consequences in the Baltics: The case of Latvia
Tags:
Discussion Paper,
Analysis,
Latvia,
Demography
08-10-2012 13:45
Publications
Anders Eklöf, Currency Strategist at Swedbank, is commenting on last Friday's US employment numbers.
08-10-2012 10:14
Videos
On Wednesday, 3 October, at an awards ceremony of the City Enterprise Board of Tallinn recognising socially active companies and organisations, Swedbank was presented with the title of 'Most Responsible Company of the Year'.
Tags:
sustainability
05-10-2012 10:51
News
Stockmarkets have reacted positively to the ending of the uncertainty that had previously weighed on financial markets thanks to significant measures taken by European and US central banks. This is the topic covered by Swedbank Investment Center’s latest monthly comments.
03-10-2012 10:40
News
Services PMI drops to 47.3 in September: activity in the service sector is on the decline
Tags:
PMI-S,
Index,
Indicator
03-10-2012 08:30
Publications
Martin Bolander, Senior Market Strategist at Swedbank's Investment Center, Jörgen Olofsson, Portfolio Manager at Swedbank Robur and Knut Hallberg, Senior Economist at Large Corporate & Intitutions at Swedbank discuss the current market situations.
Tags:
outlook
02-10-2012 16:54
Videos
Close-by crisis raises reform pressures in the Baltic Sea Region
02-10-2012 10:24
Publications
PMI drops to 44.7 in September – the downward trend in industry continues
Tags:
PMI,
Purchasing Managers´Index,
Indicator,
Index
01-10-2012 08:30
Publications
On Friday 21 September the Ethics Centre of the University of Tartu, the University of Tartu Foundation and Swedbank in Estonia signed an agreement for the awarding of business ethics scholarships to doctoral students.
26-09-2012 12:27
News
When is the right time to pursue expansionary fiscal policy - when Sweden is doing well and has a surplus or when the economic cycle weakens and you need stimulus to strengthen it? Should the government be cautious during bad times to ensure it has reserves for even worse times?
Tags:
budget
25-09-2012 11:59
Blog
The Swedish Business Award will be held in Vilnius today. Swedbank's CEO Michael Wolf will talk about the future of the banking sector. Follow the ceremony online.
20-09-2012 09:58
News
The 2013 Annual General Meeting of Swedbank AB will be held in Stockholm, Wednesday 20 March, 2013.
18-09-2012 17:00
Press releases
The focus at Swedbank's Economic Outlook Seminar was naturally on the eurozone. We asked the initial question: After the German constitutional court approved the ESM with some minor reservations, politicians started to discuss the forms of a banking union, and the European Central Bank (ECB) announced that they were buying crisis countries' government bonds on condition that reforms are implemented - is the eurozone thus on the right track?
Tags:
Swedbank Economic Outlook
18-09-2012 09:59
Blog
Swedbank Economic Outlook Seminar 2012 gathered some of the world's leading business economists and central bank representatives in Stockholm Thursday 13 September.
Tags:
Swedbank Economic Outlook Seminar
14-09-2012 13:30
News
The leaders of the Baltic State and the Nordic region banking sectors – Nordea, SEB and Swedbank – have set up an education support programme for students of the Stockholm School of Economics in Riga (SSE Riga). Under the Panākumu atslēga programme, students were presented with one of the largest donations in the university’s history – 1.8 million euros (15 million Swedish kroner, SEK). Thanks to the three banks’ donation, 720 scholarships will be granted to students from Latvia, Lithuania and Estonia over five years, so reducing their tuition fees.
Tags:
economics
13-09-2012 17:00
News
The start-up facility Prototron is aimed at supporting the development of innovative ideas into a first prototype or finished product. The prototype fund was established by Swedbank, Tallinn Science Park Tehnopol and the Tallinn University of Technology. Swedbank will support the fund in the first three years of operation with a total of 120 000 euro.
12-09-2012 14:25
News
This Thursday, some of the world's leading business economists and central bank representatives will participate in the Swedbank Economic Outlook Seminar. The aim is to try to understand economic policy during and after the crisis: How can monetary policy be used when the repo rate is already close to zero? Will the fiscal tightening not only create a recession but also a depression in the crisis countries of southern Europe, and how can this be prevented? What regulations are required in the aftermath of the crisis?
Tags:
Swedbank Economic Outlook Seminar
11-09-2012 15:53
Blog
The housing affordability index (HAI) increased to 164.5 in Tallinn, 109.8 in Vilnius, and 138.3 in Riga
Tags:
HAI,
Baltic,
Riga,
Vilnius,
Tallinn,
Housing,
Affordability,
Index
11-09-2012 10:41
Publications
Awaiting the central banks
11-09-2012 10:18
Publications
Annual consumer price growth remains at 1.7% in August
Tags:
CPI,
Flash comment,
Latvia
10-09-2012 18:10
Publications
Unexpectedly, prices increase by 0.2% in August
Tags:
Flash comment,
Lithuania
10-09-2012 18:03
Publications
The Riksbank surprised the markets by lowering the repo rate to 1.25 per cent at its meeting last week. The argument for a cut was that during the summer the krona had strengthened more quickly than previously anticipated.
10-09-2012 17:00
News
The Riksbank's announcement was preceded by a high pitched exchange of views. The Riksbank was perceived as being too slow. The vast majority of analysts and players had advocated a rate cut, including myself. A few considered that rates were already low enough and would even need to be raised. What good (or harm) does a monetary policy actually do these days?
Tags:
repo rate
10-09-2012 08:58
Blog
Latvian annual GDP growth was 5.9% in 1H 2012
08-09-2012 16:36
Publications
Economic growth in 2Q founded on domestic demand
07-09-2012 17:55
Publications
Martin Tallroth, Fixed Income Strategist at Swedbank, gives his view on ECB's decision to buy bonds to take the pressure off struggling nations in Europe.
Tags:
ECB
07-09-2012 14:33
Videos
Cecilia Skingsley, Head of FX and Fixed Income Research at Swedbank is commenting on the Riksbank's decision to cut the repo rate in Sweden by 0.25 percentage points.
Tags:
repo rate
06-09-2012 14:58
Videos
Prices, productivity, and wages will move in lockstep
Tags:
Wages,
Lithuania,
Monthly letter,
Analysis
05-09-2012 16:24
Publications
Martin Bolander, Senior Market Strategist at Swedbank's Investment Center, Jörgen Olofsson, Portfolio Manager at Swedbank Robur and Knut Hallberg, Senior Economist at Large Corporate & Intitutions at Swedbank discuss the current market situations.
Tags:
outlook,
analysis
05-09-2012 09:54
Videos
Services PMI drops to 50.8 in August: clear signs of lower employment in the service sector
Tags:
Purchasing Managers´Index - Services,
PMI - Services,
Index,
Indicator
05-09-2012 08:30
Publications
04-09-2012 16:00
Press releases
To increase market transparency and track trends in investor and issuer views and trends, Swedbank will conduct the survey on a quaterly basis.
04-09-2012 11:18
Publications
The allocation of shares in Swedbank AB (”Swedbank”) has changed due to owners of preference shares having requested during the month of August, 2012 conversion of an aggregate of 8,266,802 preference shares into ordinary shares pursuant to the conversion clause set forth in Swedbank’s articles of association.
04-09-2012 10:25
Press releases
Roland Nilsson, Interest Rate Strategist at Swedbank, is commenting on Ben Bernanke's speech on Friday, August 31
Tags:
FED
03-09-2012 11:24
Videos
PMI drops to 45.1 in August – a significant weakening of the industrial economy
Tags:
PMI,
Purchasing Managers´Index,
Indicator,
Index
03-09-2012 08:30
Publications
China – a potential watershed for global growth
Tags:
To the Point,
Analysis,
Monthly letter,
China,
Economy
31-08-2012 11:59
Publications
Real wage growth decelerates in 2Q
Tags:
Estonia,
Wage,
Flash,
Comment
30-08-2012 10:52
Publications
A unique event where the special concert program was selected by Swedbank customers and by the employees.
28-08-2012 09:45
News
Magnus Alvesson, Head of Economic Forecastiong, about the analysis Swedbank Economic Outlook.
Tags:
Swedbank Economic Outlook
27-08-2012 17:09
Videos
An interview with Cecilia Hermansson, Group Chief Economist at Swedbank about the analysis Economic Outlook.
Tags:
Global Economic Outlook
27-08-2012 16:58
Videos
Supply restrictions and geopolitical uncertainty lift commodity prices
Tags:
Energy,
Commodities,
Monthly letter,
Oil
27-08-2012 16:07
Publications
There are surprisingly large differences between academic economists' recipes for solving the eurozone crisis.
Tags:
eurozone
27-08-2012 09:58
Blog
Swedbank strengthens its efforts within public affairs and recruits senior advisor and communication strategist with strong networks in politics, opinion making and media.
24-08-2012 16:00
Press releases
Dancing on the edge of danger
Tags:
Outlook,
Economics,
GDP,
Employment,
Export,
Labour
21-08-2012 10:00
Publications
The crisis in the euro zone is slowing the global economy and leaving it more vulnerable
Tags:
Global,
Economics,
GDP,
US,
Asia,
Euro zone
21-08-2012 10:00
Publications
Unemployment on the downward trend: 13.3% in the 2Q 2012
Tags:
Unemployment,
Lithuania,
Flash comment
17-08-2012 15:25
Publications
Investments are likely to continue growing, but at a slower pace
14-08-2012 16:37
Publications
Annual employment growth at 2.2% in the second quarter of 2012
Tags:
Latvia,
Employment,
Flash comment
14-08-2012 15:45
Publications
Investments are likely to continue growing, but at a slower pace
Tags:
Estonia,
Flash comment,
Investments
14-08-2012 15:34
Publications
Economic growth continued to slow in 2Q
Tags:
Flash comment,
Estonia,
GDP
10-08-2012 15:15
Publications
GDP annual growth at 5.1% in the second quarter of 2012
Tags:
Latvia,
GDP,
Flash comment
09-08-2012 11:34
Publications
Annual consumer price growth at 1.7% in July
Tags:
Latvia,
Flash comment,
CPI
08-08-2012 10:17
Publications
The global economy is living dangerously
Tags:
Global,
Economics,
Monthly letter,
Analysis
07-08-2012 11:08
Publications
Inflation slowed more than expected in July
Tags:
CPI,
Estonia,
Flash comment
07-08-2012 09:57
Publications
Last week the European Central Bank (ECB) raised financial market expectations when Mario Draghi, the ECB president, declared in London that the central bank will do everything to save the monetary union, "and believe me, it will be enough" was his punch line. Yesterday, Mario Draghi dampened financial markets' mood by not promising any quick fixes to this crisis. Instead, he threw the ball back into the court of eurozone politicians to sort out the crisis.
06-08-2012 10:08
Blog
Services PMI climbs to 54.8 in July: the service economy is strengthening
Tags:
PMI-S,
Purchasing Managers´Index - Services,
Indicator
03-08-2012 15:25
Publications
Fulfilling the Maastricht criteria – mission possible for Latvia and Lithuania?
02-08-2012 09:11
Publications
PMI climbs to 50.6 in July – a break in the negative trend in industry
Tags:
PMI,
Purchasing Managers´Index,
Indicator
01-08-2012 08:30
Publications
Disaster economics brings appetite for safe assets
Tags:
To the Point,
Monthly letter,
Analysis,
Economics
31-07-2012 12:47
Publications
Yesterday, Statistics Sweden delivered a show of strength that is if Swedish GDP growth is compared to other countries' development as well as to expectations.
Tags:
GDP
31-07-2012 10:00
Blog
Growth slows to 2.1% in the second quarter of 2012
Tags:
GDP,
Lithuania,
Flash comment
30-07-2012 08:58
Publications
Unemployment, albeit falling, poses challenges
Tags:
Estonia,
Monthly letter,
Unemployment,
Economics
27-07-2012 17:22
Publications
Having read the Riksbank's minutes of the latest monetary policy meeting (3 July) it is time for some reflections on the subject. The decision to leave the repo rate unchanged raises a number of questions and it is clear the the Riksbank's direction is struggling with several dilemmas, which the members assess in different ways. Consequently there is a lack of consensus in the decision taking; but what is more alarming is that there is a lack of consensus on the actual importance of the monetary policy for the economic development.
Tags:
repo rate
20-07-2012 12:20
Blog
"Swedbank to focus on cost as results beat forecasts" is the title of the CNBC interview with CEO Michael Wolf regarding the Q2 2012 results.
18-07-2012 09:51
News
Presentation of Q2 2012 results from the Analyst Conference by CEO Michael Wolf, CFO Göran Bronner and CRO Håkan Berg
Tags:
Q2 results,
interim report
18-07-2012 08:43
Presentations
CEO Michael Wolf and CFO Göran Bronner are commenting on the Interim Report Q2 2012 and are giving their view on the future.
Tags:
interim report
18-07-2012 07:03
Videos
18-07-2012 06:30
Press releases
Higher growth and reforms improve the budget
Tags:
Lithuania,
Monthly letter,
Economics
17-07-2012 10:19
Publications
About Corporate Governance and the importance of being an active an responsible owner. Among others, you can listen to Marianne Nilsson, acting CEO and Head of Corporate Governance at Swedbank Robur, talk about the subject.
10-07-2012 10:54
Videos
In line with expectations, prices declined in June
Tags:
CPI,
Lithuania,
Flash comment
10-07-2012 10:09
Publications
Annual consumer price growth at 1.9% in June
Tags:
CPI,
Latvia,
Flash comment
09-07-2012 09:54
Publications
Cecilia Skingsley, Head of FX and Fixed Income Research at Swedbank comments on the latest policy rate announcement from the Swedish Riksbank.
04-07-2012 15:42
Videos
Services PMI falls to 47.4 in June – fewer jobs in service companies as economy cools
Tags:
PMI-S,
Purchasing Managers´Index - Services,
Indicator
04-07-2012 11:05
Publications
Today I will participate in three seminars, all related to what Swedbank is working hard for- and will continue to work hard for.
Tags:
Almedalen
03-07-2012 19:19
Blog
Sometimes journalists ask me if I would not like to do something more socially engaging than working in a bank. I usually answer that I honestly cannot see anything more important in society right now than to ensure there are solid banks.
Tags:
Almedalen,
Michael Wolf
02-07-2012 19:22
Blog
PMI drops to 48.4 in June – weak global economy prompts Swedish manufacturing industry to shift into a lower gear
Tags:
PMI,
Purchasing Managers´Index,
Indicator
02-07-2012 10:24
Publications
Information material on the crisis in the euro area and the macro economic effects on our home markets.
Tags:
Euro area,
Macro,
Crisis,
Economics
29-06-2012 12:38
Publications
Swedbank’s interim report January – June 2012 will be published at 06.30 CET on Wednesday, 18 July, 2012. You are invited to participate in the following presentations:
29-06-2012 11:00
Press releases
Is there a clash of interests between short- and long-term crisis solutions in the euro area?
Tags:
To the Point,
Euro area,
EU Summit,
Monthly letter
29-06-2012 10:14
Publications
The economic crisis in the Euro zone is hastening integration in the Euro zone by linking together the financial policies of the Euro countries and supervision of the banks. It is hard to see any other way forward, as the crisis clearly shows that a currency union cannot be held together by a common monetary policy alone. Up to now, politicians have focused on one obstacle at a time without making any progress, but by also looking at all the government finances and bank as a whole, the Euro zone – to use a football metaphor - is running onto the ball.
28-06-2012 13:58
Blog
Lithuania needs more investments to improve competitiveness
Tags:
Analysis,
Lithuania,
Economics
28-06-2012 10:58
Publications
Export demand is shaky – and concerns among households and businesses are growing as summer begins
Tags:
Sweden,
Monthly letter,
Analysis,
Economy
26-06-2012 11:14
Publications
Everyone is talking about the need for growth in the eurozone crisis countries, both to keep society together and to facilitate debt reduction and savings programmes. At the same time it is obvious that borrowing to finance investment is no longer viable - the budget deficits cannot once again be allowed to grow. So how should growth be created?
25-06-2012 09:50
Blog
More stable growth ahead
Tags:
Estonia,
Monthly letter,
Analysis
21-06-2012 08:56
Publications
The political week in Almedalen is an important forum for Swedish societal debate. For the 13th consecutive year, Swedbank will be there arranging seminars on current topics related to economy and societal engagement.
20-06-2012 13:56
News
Post-election Greece: 10 questions and answers
Tags:
Greece,
Election,
Analysis
18-06-2012 17:03
Publications
The financial markets breathed a sigh of relief at Sunday’s Greek election results - where the New Democracy party won the most votes and is expected to form a government with the Socialist party Pasok - and that the immediate threat of a "Grexit" with an ensuing euro collapse has thereby been averted.
Tags:
comment
18-06-2012 15:48
News
Knut Hallberg, Senior Economist at Large Corporate & Intitutions, Swedbank, comments on the Greece election and its effect on the financial markets.
18-06-2012 09:21
Videos
The housing affordability index (HAI) increased to 104.9 in Vilnius and 155.3 in Tallinn, but decreased to 136.8 in Riga
Tags:
HAI,
Housing Affordability Index,
Index,
Baltic
15-06-2012 15:20
Publications
On Tuesday, 12 June, the results of the Latvian Business Reputation Top 2012 were announced and Swedbank was ranked 2nd in the overall reputation top. Swedbank was also named as the employer with the best reputation in Latvia.
13-06-2012 15:36
News
Once again the past week has been full of significant variations. Probably the most important positive signal for the markets was that the Chinese central bank cut deposit and lending rates by 25 basis points.
Tags:
comment,
aid package
12-06-2012 14:09
News
Swedbank's Donation Environment in Estonia “I Love Helping”, which celebrates its fourth birthday in June, is still the largest and most effective donation environment in Estonia and already unites tens of thousands of donors.
11-06-2012 13:38
News
Magnus Alvesson, Head of Economic Forecasting at Swedbank, is commenting on the macro situation in Europe, especially on the current situation in Spain.
Tags:
analysis,
comment,
macroeconomics
11-06-2012 11:13
Videos
Shaky economic outlook and falling commodity prices
Tags:
Energy,
Commodities,
Monthly letter,
Analysis,
Index
08-06-2012 16:34
Publications
CPI increased by 0.1% in May, deflation is likely in summer
Tags:
Latvia,
CPI,
Flash comment
08-06-2012 16:18
Publications
GDP growth accelerated in 1Q 2012
Tags:
Latvia,
Flash comment,
GDP
08-06-2012 16:08
Publications
CPI increased by 0.1% in May, deflation is likely in summer
Tags:
Flash comment,
Lithuania,
CPI
08-06-2012 15:54
Publications
“Against the Odds – Lessons from the Recovery in the Baltics”
Tags:
IMF,
Baltic,
Riga,
Recovery
08-06-2012 13:59
Publications
It is obvious that the eurozone does not function during a crisis. It is not possible, under the terms of the treaty, to support countries at risk of suspending payments under the no bail-out clause, and the European Central Bank (ECB) cannot print money to finance member states' debts (monetary financing). At the same time member states cannot print their own money. A payment crisis can arise either because of a country's failure to exercise fiscal discipline and, so to speak, overdraw its account with ever-increasing budget deficits that drive up the national debt. Or a payment crisis may occur because the financial markets distrust the country which causes the risk premium and interest rates to rise so much that the situation becomes untenable.