Nordic banks warn of credit crisis threat

Article reports that the global credit crisis is threatening to undermine the stability of the banking systems of Sweden and Norway, bringing to an end a period in which they have managed to escape the effects of the downturn virtually unscathed.

Sweden: Riksbank: Press release, 3.6.08: Financial stability is satisfactory but the risks have increased http://www.riksbank.com/templates/Page.aspx?id=28159

Norway: Norges Bank: Press Release, 3.6.08: Global financial turbulence affects Norwegian banks http://www.norges-bank.no/Templates/Article____69633.aspx

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