Regional banks pass stress test

Jul 28, 2010
Staff and wire reports

RIGA - Sweden’s four main banks are well equipped to withstand the fallout from a financial crisis, according to the results of stress tests carried out on banks in the European Union, writes Swedish The Local. Nordea, SEB, Handelsbanken and Swedbank, along with Denmark’s Danske Bank, Jyske Bank and Sydbank and Finland’s OP Pohjola all passed the stress test in which 91 European banks were examined by EU authorities to test their ability to resist another crisis. The Swedi ...

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