SVKEF - Skandinaviska Enskilda Banken's Reliance On Healthy Corporate Activity Is A Risk Factor To Watch
- Skandinaviska Enskilda Banken has been generating growth by focusing on corporate lending and competing more aggressively for mortgages in Sweden, leaving the company more vulnerable to a corporate investment slowdown.
- So far, Skandinaviska Enskilda Banken's credit quality has held up, but the overall quality of the book doesn't compare quite so favorably to other Nordic peers, so this should be monitored.
- With a greater reliance on corporate loan growth and more limited operating leverage potential, Skandinaviska Enskilda Banken looks more reasonably-valued than its Nordic peers today.
For further details see:
Skandinaviska Enskilda Banken's Reliance On Healthy Corporate Activity Is A Risk Factor To Watch