SEB realised an excellent Q1 on the back of a continued rise in deposit margins. The question remains on whether this can be maintained in the future given the current change in deposit behaviour and the potential competition for deposits between banks. Cost of risk was mild as macro-economic headwinds did not damaged asset quality.

27 Apr 2023
An excellent Q1, maintaining deposit margins going forward remains a question

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An excellent Q1, maintaining deposit margins going forward remains a question
Skandinaviska Enskilda Banken (SEB-A:STO), 0 | Skandinaviska Enskilda Banken AB Class A (SEB.A:OME), 0
- Published:
27 Apr 2023 -
Author:
Sylvain Perret -
Pages:
3 -
SEB realised an excellent Q1 on the back of a continued rise in deposit margins. The question remains on whether this can be maintained in the future given the current change in deposit behaviour and the potential competition for deposits between banks. Cost of risk was mild as macro-economic headwinds did not damaged asset quality.