No black magic, of headstock voodoo, nor of speculation in mass in all this…. but consequences of the rescue of the bank of investments by the Swedish central bank. ( Finance Information City )
Also let us recall that since the beginning of the year, the Carnegie action yielded 90%.
The Swedish Central bank (Riksbank) had announced Tuesday that it was going to extend its credit line granted to Carnegie to carry it to a maximum of 5 billion Swedish crowns (500 million euros), the company being confronted with a consecutive lack of liquidities to the international crisis. ( "Stockholm Stock Exchange" )
Stockholm Stock Exchange
Riksbank had specified that Carnegie, whose activities include operations of broking, of stock exchange analysis and of investment was solvent.
“We attend an acute shortage of liquidities. We have with the Swedish Supervisory authority financial passed in re-examined the credits and the passive ones of the company and we think that the company has more credits than the passive ones”, specified Mattias Persson, person in charge of division “financial stability” of Riksbank,
“The extension of appropriations is a signal with our creditors. The credit line of 5 billion (of crowns) gives us more flexibility and stability”, explained to TT Andreas Koch, person in charge of the relations with the investors at Carnegie. ( "Stockholm Stock Exchange" )
Mr. Koch specified that Friday a creditor had wished to emit more restrictive conditions, which pushed Carnegie to be turned to the central bank.
The Swedish Minister for Finances, Anders Borg, from Helsinki where it takes part in a meeting of the Scandinavian Council, estimated on his side which it was “good that Riksbank as well as the National office of the debts act to guarantee financial stability”. ( "Stockholm Stock Exchange" )
0 comments:
Post a Comment