Swedbank AB

Credit Ratings (as of May 2018)

Fitch
A+ (high credit quality)
Moody's
Aa2 (high grade)

Credit Rating is an opinion of a credit rating agency about credit worthiness of a company or a government. Swedbank AB is rated by Fitch and Moody's.

Credit ratings assigned to Swedbank AB as of May 2018 are shown in details in the following sections.

Fitch

Long-term issuer default rating is Fitch's view of a credit institution's relative vulnerability to default on its financial obligations, for Swedbank AB it is set to A+ (high credit quality), outlook is positive (may be raised). The rating is not on watch. Short-term issuer default rating for Swedbank AB is set to F1 (highest short-term credit quality).

Long-Term Issuer Default Rating  A+
    Outlook  positive
    On Watch  No
Short-Term Issuer Default Rating  F1
Viability Rating  a+
Support Rating  2
Support Rating Floor  BBB-

Viability rating for Swedbank AB is set to a+ (high fundamental credit quality); support rating is 2 (high probability of external support); support rating floor is BBB- (good credit quality).

Moody's

Long-term rating for Swedbank AB it is set to Aa2 (high grade). Long-term bank deposit rating is Aa2 (high grade). Baseline credit assessment is a3. Short-term rating is set to Baa3.

Long-Term Rating  Aa2
Long-Term Bank Deposit Rating  Aa2
Baseline Credit Assessment  a3
Short-Term Rating  Baa3
Outlook  stable

Outlook for the ratings of Swedbank AB is set to stable (not likely to change).

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