Monday, April 22, 2013

FOXBusiness.com: Swedbank Plans for Weak Credit Demand as Earnings Beat Views

FOXBusiness.com
FOX Business Network - The Power to Prosper
Swedbank Plans for Weak Credit Demand as Earnings Beat Views
Apr 23rd 2013, 04:59

Swedish bank Swedbank AB (SWED-A.SK) Tuesday posted a consensus-beating rise in first-quarter net profit, helped by rising net interest income, but said it is planning for an environment with low interest rates and weak credit demand.

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