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.
Business
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.
Business
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. It's about enormous amounts of money, she says.
Business
Major Banks Reduce Variable Mortgage Interest Rates
Handelsbanken and Danske Bank are joining other major banks and lowering the variable mortgage interest rate.
Business
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.
Business
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. But the recovery will be felt throughout the country, more or less, says Anna Westlund, economist at Nordea.
BusinessTop 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. The next step will be a rise, believe both assessors and the Swedish Central Bank's board of directors. It is fully lowered. It is our best assessment. But there is great uncertainty surrounding it, says the Governor of the Swedish Central Bank Erik Thedéen.
Business
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. The answer is however of great importance for all Swedish households with mortgages.
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