The Swedish Financial Supervisory Authority, Finansinspektionen (FI), has published a press release to inform of the availability of the latest capital requirements of Sweden’s largest banks and credit institutions in supervisory categories 1 and 2 at the end of Q3 2023.
The capital requirements are thereby published for Sweden’s three major banks, Handelsbanken, SEB and Swedbank, as well as for Länsförsäkringar, Klarna, Kommuninvest, Svensk Exportkredit (SEK), SBAB, Avanza, and Nordnet.
The requirements include both Pillar 1 capital requirements, minimum capital requirements that banks are mandated to hold to cover their credit, market, and operational risks, and Pillar 2 capital requirements which are additional requirements based on the total risk profile of banks as determined by a careful analysis of the banks and their activities. The requirements may be found here.
According to FI, the publication shall illustrate Finansinspektionen’s approach towards assessing and imposing total capital requirements, particularly for other financial institutions.