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Long before Europe faced its debt crisis, Sweden struggled through its own 1990s property crash. Now the country is preparing to use an old playbook to. ....
Swedbank profit beats forecast as real estate slump leaves scant mark devdiscourse.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from devdiscourse.com Daily Mail and Mail on Sunday newspapers.
Swedish banking group Swedbank reported a bigger-than-expected rise in net profit on Tuesday on the back of higher interest income, and said its credit quality was solid as loan impairments fell sequentially in the second quarter. ....
Swedbank s second-quarter earnings beat estimates thanks to rising interest rates. Net interest income for Sweden s second-largest bank was up 7% in the three months to June, compared with the first. ....