Kreditbetyg

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.

Moody´s
Outlook stable
Short term
Long term
P-1
Aaa
P-2
Aa1
P-3
Aa2

Aa3

A1

A2

A3

Baa1

Baa2

Baa3
Standard & Poor´s
Outlook negative
Short term
Long term
A-1+
AAA
A-1
AA+
A-2
AA
A-3
AA-

A+

A

A-

BBB+

BBB

BBB-
Fitch
Outlook stable
Short term
Long term
F1+
AAA
F1
AA+
F2
AA
F3
AA-

A+

A

A-

BBB+

BBB

BBB-

Rating actions 2012
November: Negative Outlook - Standard & Poor's
The negative outlook on the major Swedish banks reflects S&P's view of weakening economic fundamentals in Sweden and in particular their expectation that the current slowdown may turn into a recession, which would put pressure on the banking sector's financial performance.
May: Moody's reaffirmed long-term rating and stable outlook.
February: Moody’s put 114 European financial institutions on negative watch incl. all Nordic banks. SEB’s short-term rating was affirmed. SEB’s long-term rating on negative watch for a possible one notch downgrade.

Rating actions 2011
December: Upgraded; reaffirmed outlook - Standard & Poor's
Moody´s, June 8
Upgraded the junior subordinated and Tier 1 instrument ratings of SEB to Baa2 (hyb) and Ba1 (hyb), respectively. The upgrade of these junior debt instruments follows an improvement in the
bank's standalone credit strength to Baa1 from Baa2

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

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

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