
Moody's Affirms SEB Ratings on Strong Credit Quality, Solid Capitalization

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Moody's on Thursday affirmed Skandinaviska Enskilda Banken's (SEB-A.ST, SEB-C.ST) long-term deposit, long-term issuer and senior unsecured debt ratings of at Aa3. The rating agency said the affirmation reflects the Swedish lender's strong credit quality and solid capitalization despite cyclical risks and high market reliance on market funding. The outlook on the ratings is positive, signaling Moody's expectations that SEB's solvency will continue to benefit from its robust fundamentals, increasing diversification and strong risk management.
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