Published 2 years ago

Swedish central bank says own risk buffer needs to be bigger

Summary by Ground News

Sweden's central bank says it needs to boost its own financial buffer by 15 billion Swedish crowns ($1.67 billion) The move is to strengthen resilience against potential future losses due to its expanded balance sheet. The Riksbank can manage the increased risks, but to maintain equity capital that is compatible with financial independence in the longer run.

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Reuters

Swedish central bank says own risk buffer needs to be bigger

STOCKHOLM - Sweden's central bank said on Wednesday that it needed to boost its own financial buffer by 15 billion Swedish crowns ($1.67 billion) to strengthen resilience against potential future losses due to its expanded balance sheet. "The Riksbank can manage the increased risks, but to maintain equity capital that is compatible with financial independence in the longer run, it is

2 years ago·United Kingdom

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OAN

Swedish central bank says own risk buffer needs to be bigger

January 12, 2022STOCKHOLM (Reuters) – Sweden’s central bank said on Wednesday that it needed to boost its own financial buffer by 15 billion Swedish crowns ($1.67 billion) to strengthen resilience against potential future losses due to its expanded balance sheet.“The Riksbank can manage the increased risks, but to maintain equity capital that is compatible with financial independence in the longer run, it is appropriate to strengthen the Rik…

2 years ago·San Diego, United States

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