• Anders Borg: Rising dividends show the banks haven’t understood how to act responsibly

Swedish banks face even tougher rules as Finance Minister Anders Borg says reining in household borrowing is key to preventing the krona’s appreciation, Bloomberg reports.

“It’s key that we dare to have a slightly tougher discussion surrounding our banks,” Borg said. “The other side of the coin is that if we have indebtedness that is too high and some financial stability risks, well, then the Riksbank becomes more careful and the interest rate a bit too high and the krona a bit too strong.”

Sweden’s banks are already today Europe’s best capitalized.