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Skandinaviska Enskilda Banken AB (SEBc.ST)

SEBc.ST on Stockholm Stock Exchange

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Latest Key Developments (Source: Significant Developments)

BRIEF-SEB sells SEB Pension in Denmark to Danica in 6.5 bln DKK deal
Thursday, 14 Dec 2017 02:30am EST 

Adds Danske Bank instrument code:REG-SEB DIVESTS SEB PENSION IN DENMARK.SAYS ‍TOTAL PROCEED OF DKK 6.5BN, CONSISTING OF A CASH CONSIDERATION OF DKK 5.0BN AND A PRE-CLOSING DIVIDEND OF DKK 1.5BN​.SAYS ‍PRE-CLOSING DIVIDEND WILL BE IN ADDITION TO DIVIDEND OF DKK 1.1BN WHICH SEB RECEIVED IN FIRST SIX MONTHS OF 2017​.SAYS ‍AGREEMENT TO SELL ALL SHARES IN SEB PENSIONSFORSIKRING A/S AND SEB ADMINISTRATION A/S (SEB PENSION) TO DANICA PENSION LIVSFORSIKRINGSAKTIESELSKAB (Danica, a subsidiary to Danske Bank)​.  Full Article

SEB appoints Erika Lundquist as new head of private banking
Wednesday, 22 Nov 2017 02:00am EST 

Nov 22 (Reuters) - Skandinaviska Enskilda Banken Ab :Says Erika Lundquist new head of private banking.  Full Article

BRIEF-SEB Q2 op profit tops forecasts
Thursday, 14 Jul 2016 01:00am EDT 

SEB : Q2 underlying operating profit SEK 5,016 mln (4,493) . Reuters poll: SEB Q2 operating profit was seen at SEK 4,862 mln . Says need for advisory and risk management services have continued to increase . Says for first half of this year and excluding both positive and negative one-off effects, all income lines were lower compared to first half of 2015 . Q2 net fee and commission income 4.1 bln SEK vs mean forecast 4.2 bln in Reuters poll . Q2 net interest income 4.6 bln SEK vs mean forecast 4.7 bln in Reuters poll .Q2 loan losses 221 mln SEK vs mean forecast 289 mln in reuters poll.  Full Article

SEB Q2 op profit tops forecasts
Thursday, 14 Jul 2016 01:00am EDT 

SEB : Q2 underlying operating profit SEK 5,016 mln (4,493) . Reuters poll: SEB Q2 operating profit was seen at SEK 4,862 mln . Says need for advisory and risk management services have continued to increase . Says for first half of this year and excluding both positive and negative one-off effects, all income lines were lower compared to first half of 2015 . Q2 net fee and commission income 4.1 bln SEK vs mean forecast 4.2 bln in Reuters poll . Q2 net interest income 4.6 bln SEK vs mean forecast 4.7 bln in Reuters poll .Q2 loan losses 221 mln SEK vs mean forecast 289 mln in reuters poll.  Full Article

Magnolia Bostad sells more than 300 rental apartments to SEB's housing fund Domestica II
Thursday, 23 Jun 2016 01:00am EDT 

Magnolia Bostad AB : The properties being sold are Vallentuna-Åby 1:94 and Vallentuna-Åby 1:149, and the sale is made through company transfers at a price of approximately 100 million Swedish crowns . The property value at completion will be about 500 million Swedish crowns ($60.83 million) .Construction is scheduled to start in the first quarter of 2017 and moving in occurs during 2018-2019.  Full Article

UPDATE 1-SEB raises dividend as Q4 profit beats expectations

STOCKHOLM, Jan 31 Swedish banking group SEB is proposing raising its dividend for 2017 as it reported higher-than-expected fourth-quarter operating earnings on the back of rising commission income and lower loan losses.