We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Scandi horror

8 April 2020 By Liam Proud

Swedbank’s first-quarter impairments jumped tenfold from a year earlier because of Covid-19. That’s despite a relaxed Swedish attitude to lockdowns and lenders’ accounting wiggle room. A similar spike across Europe would wipe out most profits for 2020, and bigger hits may come.

This content is for Subscribers only

 

Email a friend

Please complete the form below.

Required fields *

*
*
*

(Separate multiple email addresses with commas)