Lower than expected credit losses
PHOTO
Swedish banking group SEB reported a net profit for the first quarter that topped market expectations on Wednesday on the back of strong financial income and lower than expected credit losses. (Reporting by Niklas Pollard, editing by Anna Ringstrom)
Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.
