Finance Sweden represents banks and financial institutions established in Sweden. Our aim is to contribute to a sound and efficient regulatory framework that facilitates for banks to help create economic wealth for customers and society.
Market shares in the Swedish banking sector shift over time, and customer mobility is high. Swedish banks are cost-efficient, and mortgage interest rates are low compared to those in other countries. These are some of the key findings in a new report by Copenhagen Economics, which analyzes banking competition in Sweden.
- The overall picture is clear. Competition in the Swedish banking market is working well and remains strong. Swedish customers switch banks more frequently than customers in many other countries, and banks must continuously compete on price, quality and service to earn and retain their trust, says Hans Lindberg, CEO of Finance Sweden.
The European Banking Federation (EBF), with its members and a number of participating banks, has commissioned Oliver Wyman with a new, independent, fact-based study on the competitiveness of European banks.
The banks’ security organisations conduct an annual industry-wide threat identification and assessment based on the banks’ operations. A threat consists of an ability, a will and an opportunity.
