S&P Global Ratings (S&P) has raised its long-term issuer credit rating on SEB to AA- from A+. The decision is motivated by the bank’s ability to deliver high and stable risk-adjusted profitability in parity with the highest rated commercial banks globally.
“Our standing in the credit market is highly important for SEB. The S&P upgrade is a testament to our consistent efforts to run the bank with robust asset quality, operational efficiency, and strong resilience. Having access to cost efficient funding further strengthens our ability to support our customers and enhances our competitive position in all markets where we are present, while contributing to the broader economy as a safe and trusted bank,” says SEB’s President and CEO Johan Torgeby.
S&P motivates its decision by highlighting SEB’s track record of delivering high and stable risk-adjusted profitability over several years, in line with the highest-rated commercial banks globally.
S&P further emphasises SEB’s strong business diversification in terms of revenue and geographic distribution that compares favourably to most peers. S&P concludes that the outlook for SEB is stable.
More about the rating (spglobal.com)
For further information, contact:
Pawel Wyszynski, Head of Investor Relations
+46 70 462 2111
pawel.wyszynski@seb.se
Petter Brunnberg, Head of Media Relations & External Communication
+46 70 763 5166
petter.brunnberg@seb.se
SEB is a leading northern European financial services group with international reach. We exist to positively shape the future with responsible advice and capital, today and for generations to come. By partnering with our customers, we want to be a leading catalyst in the transition to a more sustainable world. In Sweden and the Baltic countries, SEB offers financial advice and a wide range of financial services. In Denmark, Finland, Norway, Germany and the United Kingdom, we have a strong focus on corporate and investment banking based on a full-service offering to corporate and institutional clients. The international nature of SEB's business is reflected in our presence in more than 20 countries worldwide, with around 19,000 employees. At 30 September 2025, the Group's total assets amounted to SEK 4,033bn while assets under management totalled SEK 2,820bn. Read more about SEB at sebgroup.com.
