SEB's result in the 2016 EU-wide Transparency Exercise

SEB notes the announcements made on Friday 2 December 2016 by the European Banking Authority and Finansinspektionen regarding the information of the EU-wide Transparency Exercise 2016 and fulfilment of the EBA Board of Supervisors’ decision.

On Friday 2 December, 2016, the European Banking Authority (EBA) published its ninth report on risks and vulnerabilities in the EU banking sector. The report is accompanied by the EBA's 2016 transparency exercise, which provides essential data, in a comparable and accessible format, for 131 banks across the EU. Overall, banks have further strengthened their capital position, allowing them to continue the process of repair. The report identifies as the key challenges in that process the remaining high levels of non-performing loans (NPLs) and sustained low profitability. Operational risks also appear to be on the rise and volatility in funding markets remains high.