Key Developments: Swedbank AB (SWDBY.PK)

SWDBY.PK on OTC Markets Group

23.50USD
31 Jul 2015
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$0.30 (+1.08%)
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Latest Key Developments (Source: Significant Developments)

Swedish National Board of Consumer Disputes rejects class action against Swedbank Robur
Wednesday, 1 Jul 2015 01:45am EDT 

Swedbank AB:Swedish National Board of Consumer Disputes (ARN) rejects the class action against Swedbank Robur.Says ARN states in the decision that the matter is not suitable for the ARN to try.Says is pleased that ARN will not proceed with matter and adds that funds have been actively managed even though the company have not always been satisfied with results.  Full Article

Swedbank AB divests Juristbyrån AB
Wednesday, 1 Apr 2015 04:00am EDT 

Swedbank AB:Divests its subsidiary Juristbyrån AB to Familjens jurist AB.Familjens jurist aims to continue the franchise operation in its current form.Through a cooperation agreement with Familjens jurist, Swedbank will continue to offer advisory services in both private and family law with a wider offering and a broader geographic reach.Says the Savings banks will also be offered to enter into cooperation agreements with Familjens jurist.  Full Article

Swedbank AB signs acquiring agreement with S Group
Wednesday, 25 Mar 2015 09:15am EDT 

Swedbank AB:Signs an acquiring agreement with S Group.Says agreement makes Swedbank acquiring bank for a large number of stores in Finland.  Full Article

Swedbank signs acquiring agreement in Finland
Wednesday, 25 Mar 2015 09:15am EDT 

Swedbank AB:Signs acquiring agreement in Finland.Says agreement with S Group, a Finnish retailing cooperation, makes Swedbank acquiring bank for a number of stores in Finland.  Full Article

Swedbank AB: Swedbank Franchise AB to unwind acquisition of Svensk Fastighetsformedling AB
Thursday, 12 Mar 2015 05:20am EDT 

Swedbank AB:Swedbank Franchise AB has as of March 12 agreed with DNB Bank to unwind the acquisition by Swedbank Franchise of Svensk Fastighetsformedling AB.Most of franchisees in Svensk Fastighetsformedling will at the same time acquire Svensk Fastighetsformedling and sign a cooperation agreement with Swedbank AB.  Full Article

Swedbank proposes FY 2014 dividend of SEK 11.35/share
Tuesday, 3 Feb 2015 01:00am EST 

Swedbank AB:Proposes FY 2014 dividend of 11.35 Swedish crowns per share.Paid dividend of 10.10 Swedish crowns per share for FY 2013.  Full Article

Swedbank receives approval for acquisition of Sparbanken Oresund
Friday, 16 May 2014 08:00am EDT 

Swedbank AB:Says The Swedish Financial Supervisory Authority has approved Swedbank's acquisition of Sparbanken Oresund and the creation of Sparbanken Skane.Says all permissions have now been granted and the integration process will start.As earlier announced as part of the acquisition Swedbank will sell Sparbanken Oresund's business activities in Eslov, Kavlinge, Lund and Staffanstorp to Sparbanken Skane.Sparbanken Skane will be owned by Sparbanksstiftelsen Fars & Frosta, Sparbanksstiftelsen 1826 and Sparbanksstiftelsen Oresund with 26 percent each and by Swedbank owning 22 percent.  Full Article

Swedbank announces listing of NOK 300 mln bond
Friday, 25 Apr 2014 07:21am EDT 

Swedbank AB:Announces listing of Swedbank AB 14/18 FRN bond issue of 300 million Norwegian crowns, tab issue, on Nordic ABM on April 28.ISIN: NO0010710130.Maturity date April 23, 2018.Coupon rate 2.21 percent p.a (three-month NIBOR + 0.43 percent).Managers: Swedbank Norge, NUF.  Full Article

Swedbank prices EUR 750 mln 2019 bond-Reuters
Monday, 10 Mar 2014 10:37am EDT 

Swedbank AB:Prices 750 million euro 2019 bond-Reuters.Maturity Date March 18, 2019.Coupon 1.5 pct.Payment Date March 18, 2014.Lead Managers BNP Paribas, Deutsche Bank, HSBC, Nomura and Swedban.  Full Article

Swedbank to participate in formation of Sparbanken Skane
Friday, 14 Feb 2014 01:00am EST 

Swedbank AB:Says a new savings bank is being formed in Skane - Sparbanken Skane.The bank is being established through a merger of Fars & Frosta Sparbank, Sparbanken 1826 and parts of Sparbanken Oresund’s business in Eslov, Kavlinge, Lund and Staffanstorp municipalities.Says Swedbank acquires all shares in Sparbanken Oresund and will then sell the operations in the above mentioned municipalities to the new savings bank.Sparbanken Skane will be owned by Sparbanksstiftelsen Fars & Frosta, Sparbanksstiftelsen 1826 and Sparbanksstiftelsen Oresund each with a holding of 26 percent, and by Swedbank with a holding of 22 percent.Sparbanksstiftelsen Gripen, co-owner in Sparbanken Oresund, will not be a shareholder in the new savings bank.Transactions are subject to approval by the Swedish Financial Supervisory Authority and the Swedish Competition Authority.Approvals are expected in Q2 2014.  Full Article

WRAPUP 1-Nordea, Swedbank adapt to low rates to produce solid earnings

STOCKHOLM, July 16 - Swedish banks Nordea and Swedbank reported robust second-quarter results on Thursday showing how they are managing to adapt to Sweden's negative interest rates which have put pressure on profitability.

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