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Swish Payment Disruption Resolved After SEB Outage
Business News

Swish Payment Disruption Resolved After SEB Outage

Disruptions at SEB affected Swish payments to and from the bank during the night towards Sunday, writes Swish on its website.
Nordea Predicts Interest Rate Increase in Early 2027
Business News

Nordea Predicts Interest Rate Increase in Early 2027

Next change of the interest rate is likely to be a rise, Nordea writes in a fresh mortgage interest rate forecast. The major bank predicts that the Swedish Central Bank will start raising the interest rate again in the beginning of 2027
SEB's Q3 Profit Misses Expectations but Net Interest Income Surprises
Business News

SEB's Q3 Profit Misses Expectations but Net Interest Income Surprises

Major bank SEB's profit for the third quarter came in lower than expected. The bank's net interest income, however, surprises positively
Stockholm Stock Exchange Falls as Volvo Shares Drop 7.8%
Business News

Stockholm Stock Exchange Falls as Volvo Shares Drop 7.8%

The Stockholm stock exchange turned sour and retreated on Friday, among other things Volvo and EQT fell heavily. The OMXS index closed at minus 1
Nordea Leads Gains on Cautious Stockholm Stock Market
Business News

Nordea Leads Gains on Cautious Stockholm Stock Market

The Stockholm stock exchange traded slightly upwards on Thursday, the OMXS index closed at a plus of 0. 3 percent
Nordea CEO Responds to Criticism on Interest Rates
Business News

Nordea CEO Responds to Criticism on Interest Rates

Minister for Finance Elisabeth Svantesson's criticism of the banks is unfair. This is the opinion of Nordea's CEO Frank Vang-Jensen
September Inflation Lower Than Expected but No Immediate Rate Cut
Business NewsTop News

September Inflation Lower Than Expected but No Immediate Rate Cut

Inflation fell a little more than expected in September, shows a preliminary calculation made by the Statistical Central Bureau (SCB). But the experts do not think it is enough for there to be a new reduction of the Swedish Central Bank's interest rate in the near future
Stockholm Stock Exchange Ends Green Streak with 0.7% Decline
Business News

Stockholm Stock Exchange Ends Green Streak with 0.7% Decline

After seven days with green figures, the Stockholm stock exchange was back in the red. The broad OMXS index fell 0
Stockholm Stock Exchange Faces Potential Setbacks Amid Reporting Season
Business News

Stockholm Stock Exchange Faces Potential Setbacks Amid Reporting Season

The Stockholm stock exchange's reporting season is approaching. The risk of setbacks and stock market declines is significant, according to several market analysts
FI Proposes Legal Requirements for Banks on Payment Accounts
Business News

FI Proposes Legal Requirements for Banks on Payment Accounts

Major banks have become better at securing the right to a payment account but they need to do more, writes the Financial Supervisory Authority in a report.
Stockholm Stock Exchange Sees Slight Gains Amid Global Market Trends
Business News

Stockholm Stock Exchange Sees Slight Gains Amid Global Market Trends

The Stockholm stock exchange started the day weakly downward. At lunchtime, it had changed into a marginal increase which then increased slightly further in the afternoon trade
Banks Criticized for Cautious Mortgage Rate Cuts
Business News

Banks Criticized for Cautious Mortgage Rate Cuts

Several major banks have lowered their mortgage rates – but not as much as the Swedish Central Bank's reduction. According to savings economist Christina Sahlberg, the banks have been unusually cautious
Major Banks Reduce Variable Mortgage Interest Rates
Business News

Major Banks Reduce Variable Mortgage Interest Rates

Handelsbanken and Danske Bank are joining other major banks and lowering the variable mortgage interest rate.
Major Banks Reduce Variable Mortgage Rates by 0.20 Points
Business News

Major Banks Reduce Variable Mortgage Rates by 0.20 Points

Major banks Nordea, Swedbank and SEB are lowering their variable mortgage rates by 0. 20 percentage points
Southern Sweden to Lead Job Growth as Northern Economy Slows
Business News

Southern Sweden to Lead Job Growth as Northern Economy Slows

The hot economy in northern Norrland is cooling down. It is in southernmost Sweden that the best job growth will occur next year
Swedish Central Bank Completes Interest Rate Cuts, Eyes Future Hikes
Business NewsTop News

Swedish Central Bank Completes Interest Rate Cuts, Eyes Future Hikes

The Swedish Central Bank is with the reduction of the interest rate to 1. 75 percent finished
Swedish Central Bank's Interest Rate Decision This Week Crucial for Mortgages
Business News

Swedish Central Bank's Interest Rate Decision This Week Crucial for Mortgages

Lower or not. The Swedish Central Bank's decision is unusually uncertain this time
Stockholm Stock Exchange Rises Slightly as H&M Shares Fall
Business News

Stockholm Stock Exchange Rises Slightly as H&M Shares Fall

The Stockholm stock exchange closed the trading week with a plus of 0. 1 percent
Swedes Report Decreased Satisfaction with Banks This Year
Business News

Swedes Report Decreased Satisfaction with Banks This Year

Swedes' customer satisfaction with the banks has decreased over the past year, shows the Swedish Quality Index annual review.
Powell's Rate Signal Influences Swedish Households Too
Business News

Powell's Rate Signal Influences Swedish Households Too

A rate cut is in the cards, but what the American central bank says about the future can have a major impact also on Swedish households. The Stockholm stock exchange reflects much more how things look in the surrounding world than in the Swedish economy, says Maria Landeborn at Danske Bank
Skandiabanken Offers Lowest Mortgage Rates in August
Business News

Skandiabanken Offers Lowest Mortgage Rates in August

The average interest rate for variable-rate mortgages was 2. 85 percent in August, shows a review from the comparison service Zmarta
Stockholm Stock Market Rises for Third Consecutive Day
Business News

Stockholm Stock Market Rises for Third Consecutive Day

The Stockholm stock exchange ended the trading week by rising for the third day in a row. The broad OMXS index rose 0
Interest Rate Cuts Possible Despite Rising Inflation in Sweden
Business NewsTop News

Interest Rate Cuts Possible Despite Rising Inflation in Sweden

Inflation in August rose to 3. 3 percent according to the KPIF measure
Boliden Leads Gains as Stockholm Stock Exchange Rises
Business News

Boliden Leads Gains as Stockholm Stock Exchange Rises

The Stockholm stock exchange rose on Wednesday in line with leading European stock exchanges.
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