In the context of Scope Ratings’ strategy of focussing on the needs of institutional investors, Scope will offer its unsolicited bank and covered bond credit ratings on a subscription basis only via its credit intelligence platform.

Following implementation in Swedish law of a new class of senior non-preferred debt, Scope rates Swedbank’s senior non-preferred debt at A and upgrades senior unsecured (non-MREL eligible) debt one notch to A+, both with Negative Outlook.

As concerns emerge over Swedbank’s handling of money-laundering allegations focused on the Baltic states, Scope has revised the outlook to negative on Swedbank’s A+ Issuer Rating, A senior unsecured debt rating, BB+ AT1 rating and S-1+ short term rating.

Scope Ratings has updated its rating report on Swedbank’s AT1 securities.

The Additional Tier 1 market reaches a landmark in 2018 as the earliest issues hit their first call dates. The investor base has grown, and terms and structures have standardised. But what lessons should be learned from developments in this market?

Scope Ratings has updated its rating report on Swedbank, rated A+ with Stable Outlook.

This rating action concludes the review initiated a month ago. It reflects Swedbank’s ability to weather weakness in Sweden’s housing market, reassuring financial metrics and steady growth strategy based on cost discipline and a strong digital offering.

Scope’s review will cover Swedbank’s ability to weather weakness in Sweden’s housing market and the effects of the Swedish regulator’s related macro-prudential measures, as well as expected changes to capital requirements for Swedish mortgages.

The handbook includes an assessment of how risks in the AT1 market are evolving. Recent developments concerning Banco Popular and Bremer Landesbank demonstrate the importance of issuer fundamentals when evaluating the likelihood of incurring losses.

Scope Ratings has updated its rating report on Swedbank's AT1 securities.