Optimism among Swedish entrepreneurs

Both Swedish entrepreneurs and Swedish bank executives look positively at the future. Dagens Industri reports that loans from Swedish banks are at the highest levels since the 2008 financial crisis. In September, half of the bank offices questioned in a fresh study claimed that loan grants had increased, compared to 46% one year ago. Nine of ten bank offices claim that 80-100% of loans are granted to small and medium sized companies with less than 250 employees. Anna Hallberg, Deputy CEO of Almi, said “We have increased our loans greatly lately, and we are pleased that the banks are doing the same. This shows that there is a demand that the banks are meeting. Confidence in the future among small and medium sized companies has never been stronger than during this past year”.