Profile: Swedbank AB (SWDBY.PK)
17 Aug 2017
Swedbank AB, incorporated in 1997, is a savings bank. The Company offers financial services and products in its home markets of Sweden, Estonia, Latvia and Lithuania. The Company's segments are Swedish Banking, Baltic Banking, Large corporates & Institutions, and Group Functions & Other. The Company offers products mainly in the areas of lending, payments and savings. The Company offers a range of financing solutions for households and businesses.
The Swedish Banking segment offers its products to private customers and companies in the Swedish market. The Swedish Banking segment's services are sold through the Company's own branch network, the telephone Bank, the Internet Bank and the distribution network of the independent savings banks. The Baltic Banking segment offers its products to private customers and companies in Estonia, Latvia and Lithuania. The Baltic Banking segment's services are sold through its own branch network, the telephone Bank and the Internet Bank. The Large Corporates & Institutions segment offers its services to large companies and financial institutions. It offers various services from traditional bank lending and funding advice to liquidity management, trading in financial instruments and analysis. It also develops corporate and capital market products for Swedish and Baltic Banking and the savings banks. The Group Functions & Other segment consists of central business support units, such as Digital Banking and Group Treasury and the product areas Group Lending & Payments and Group Savings.
The Company's principal product areas include financing, savings and investments, payments and cards, trading and capital market products, and other. Its financing products include private residential lending, consumer financing, corporate lending, leasing and other financing products. Its savings and investments products include savings accounts, mutual funds and insurance savings, pension savings, institutional asset management, and other savings and investment products. Its payments and cards products include current accounts (including cash management), cash handling, domestic payments, international payments, mobile payments, document payments, debit cards, credit cards (including EnterCard), card acquiring and other payment products. Its trading and capital market products include equity trading, structured products, corporate finance, custody services, fixed income trading, currency trading and other capital market products. Its other products include administrative services, treasury operations, Ektornet, real estate brokerage, real estate management, legal services, safe deposit boxes and other.
SUNDBYBERG 172 63
Company Web Links
- BRIEF-Swedbank acquisition of PayEx gets regulatory approval
- Swedbank's Lithuanian business offers concessions in anti-trust probe - watchdog
- UPDATE 1-Swedbank Q2 profit beats forecast as revenues rise
- Swedbank Q2 profit beats forecast as revenues rise
- BRIEF-Swedbank says Charlotte Elsnitz appointed new head of Baltic banking