Saxo Bank receives BBB rating with positive outlook from S&P

Multi-asset investment specialist Saxo Bank announces that it has received a BBB rating with a positive outlook from S&P Global Ratings, according to the bank’s first-ever rating report.

In addition, Saxo Bank is currently in the process of being appointed a Systemically Important Financial Institution (SIFI) later this year by the Danish Financial Supervisory Authority (FSA). The SIFI designation is given to financial institutions that are considered critical to the functioning of the financial system and is a testament to Saxo Bank’s importance as it supports a growing number of retail clients and other banks, fintechs and brokers leveraging its technology.

Søren Kyhl, Deputy CEO & COO, commented:

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