Nordic region enhances safe-haven status

While the credit crunch hit all European FIGs, the Nordic region’s banks were relatively spared, and have come out of the crisis with some of the best capitalisations in the continent. But they’ve still been affected, and have to pay more and work harder to meet their borrowing needs than before. That effort has included building relations with a new investor base — the fixed rate investors who used to invest in corporate debt. EuroWeek gathered some of the key market players in the region at the Grand Hotel in Stockholm, to discuss how the market is changing, how new regulations will affect Nordic FIGs, and what the key is to preserving a Nordic cool in the face of all difficulties.