Ratings

SEB Bank as a member SEB Group has no separate credit ratings.

SEB continuously focuses on improving the Group's rating. This is important, since a high rating over time implies lower funding costs and more business opportunities in the international capital markets.  The following table shows the current rating of SEB group.

"Moody´s“
Short term rating Long term rating
P-1Aaa
P-2Aa1
P-3Aa2
 Aa3
 A1
 A2
 A3
 Baa1
 Baa2
 Baa3
Outlook
stable
 
"Standard & Poor's“
Short term rating Long term rating
A-1+AAA
A-1AA+
A-2AA
 A-3AA-
 A+
 A
 A-
 BBB+
 BBB
 BBB-
Outlook
stable
 
"Fitch Ratings“
Short term rating Long term rating
F1+AAA
F1AA+
F2AA
F3AA-
 A+
 A
 A-
 BBB+
 BBB
 BBB-
Outlook
stable

Rating actions 2010
February: Changed outlook to stable – S&P
June: Changed outlook to stable – Moody's


Rating actions 2009
June: Reiterated Stable Outlook – Fitch
April: Downgraded and continued negative outlook – Moody's
March: Changed outlook to negative – S&P
February: Downgraded – S&P


Rating actions 2008
December: Changed outlook to negative – Moody's
October: Changed outlook to negative – S&P
September: Changed outlook to stable – Moody's
July: Outlook changed to stable – Fitch


Rating actions 2007
July: Positive Outlook – Moody's
June: Reiterated Positive Outlook – Fitch
April: Modified upgrade – Moody's
February: Upgraded – Moody's


Rating actions 2006 
October: Upgraded – S&P
July: Positive Outlook – Fitch


Rating actions 2005
October: Positive Outlook – S&P


Rating actions 2004
February: Upgraded – Moody´s


Rating actions 2003
December: Upgraded – S&P
November: Possible Upgrade – Moody´s
September: Positive Outlook – S&P
January: Upgraded – Moody´s

For information about the ratings please visit  www.sebgroup.com