Organization: Central bank of Sweden
LEI 549300VLYM2XZE4FJF95, SWIFT RIKSSESSXXX

The Riksbank is Swedens central bank and an authority under the Riksdag, the Swedish parliament. The Riksbank is responsible for monetary policy with the objective to maintain price stability. The bank has also been given the task to promote a safe and efficient payment system. The Riksbanks interpretation of price stability is that inflation should be at a low, stable rate. The consumer price index, CPI, should be maintained at around 2 per cent. The Riksbank's main tool for influencing inflation is the repo rate. The payment system and the supplying of credit play a central role in ensuring the economy functions efficiently. The Riksbank makes regular assessments of risk levels in the major Swedish banks and in the central financial infrastructure.