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FACTS

High turnover in the payment system
The RIX system has a weekly turnover that corresponds to the entire Swedish annual gross domestic product, GDP.
 
Card transactions on the increase
Since the 1990s the number of transactions using cards has increased sixfold. Cards now account for 50 per cent of the total number of transactions. The use of cheques has gradually declined and is currently negligible.

Picture of a man standing at a payment terminal

Financial stability

One of the Riksbank's core functions is to promote a safe and efficient payment system. The payment system is important for all economic activities and is a central component of the financial system. For that reason the Riksbank regularly analyses the risks and threats to the stability of the Swedish financial system. The purpose of this analysis is to detect changes and vulnerabilities that could lead to a serious crisis. The major Swedish banks have particular significance in the analysis. The Riksbank's assessment of stability is published twice yearly in the Financial Stability Report.

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News

Financial turbulence - the Riksbank's response

(List of the Riksbank's measures)

Speech, Nyberg: The crisis, the Riksbank and monetary policy

(28 November 2008)

Speech, Ingves: Monetary policy and financial stability
(13 November 2008) 

Economic Commentaries: Financial turbulence – light at the end of the tunnel after weekend meeting in Washington by Stefan Ingves, Governor, Sveriges Riksbank
(13 October 2008)

The Financial Stability Report

The latest Financial Stability Report

Picture on the Financial Stability Report

The Riksbank’s Financial Stability Report 2008:2 were published on 26 November 2008.

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