Strict capital requirements help Sweden, Ingves says

10/25/2013 | Bloomberg

Swedish banks are becoming better able to fund themselves because of increasing capital requirements, says Riksbank Governor Stefan Ingves, who also leads the Basel Committee on Banking Supervision. "There are other banks in Europe that have all sorts of issues and that can't really fund themselves in the same way, so it's hard to argue that raising capital on Swedish banks has hurt them," Ingves said.

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