The past few days, there has been great turbulence on the markets where the banks normally borrow money in order to finance their operations. Banks and investors around the world have been unwilling to lend money to banks. This has affected banks in both Europe and the U.S.
The four big Swedish banks – Handelsbanken, Nordea, SEB and Swedbank – however, continue to lend money to each other, but with short maturities. In other words, all the big Swedish banks currently have the possibility of borrowing money from the other banks.
As Finansinspektionen has described in a text on 18 September, the four banks are capable of managing the current uncertainty. Finansinspektionen is entirely comfortable with the capital buffers that the banks maintain against unexpected losses.
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