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Sbab bank savings acc

How safe is it

HiSweden
post 28.Nov.2018, 01:41 AM
Post #1
Joined: 26.Jan.2015

Hi guys

I made an acc with sbab for my savings but was wondering how safe is it?

I read that it is guaranteed by the gov.


If so, is there any risk-free saving acc with better interest rate than sbab?
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Mib
post 29.Nov.2018, 02:23 PM
Post #2
Joined: 7.Jul.2006

SBAB is owned by the Sweish Government, but there's always talk of it being sold. Hopefully, they won't do that, because it's nice to have a mortgage with them wothout having to buy inevstments etc to get a discounted mortgage rate.

The savings rate is better than most, but if you do as search, I think you can get a better rate. Your savings are guaranteed up to 950,000kr according to this https://www.riksgalden.se/en/Deposit_insurance/. So if you have more to save, you could keep 950,000kr in one bank and put the rest in another and so on.
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HiSweden
post 30.Nov.2018, 10:59 PM
Post #3
Joined: 26.Jan.2015

QUOTE (Mib @ 29.Nov.2018, 02:23 PM) *
SBAB is owned by the Sweish Government, but there's always talk of it being sold. Hopefully, they won't do that, because it's nice to have a mortgage with them wot ... (show full quote)



Thanks for the answer.

I can see there are lots of institutes with better rates and they are also guaranteed, such as aros kapital and erik penser!

But when i google these names i cant find any reviews from ppl or anyone shared any experience. Weird.
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