SEB (Skandinaviska Enskilda Banken)

Leading Nordic corporate bank SEB (Skandinaviska Enskilda Banken) is in Stockholm, Sweden. The bank was founded in 1972 due to the merging of two Swedish banks that had been in business since the 1850s: Skandinaviska Banken and Enskilda Banken.

Over the years, SEB has steadily expanded and built up a significant position in Sweden and other Nordic nations, as well as in the Baltic states and Poland. With a presence in more than 20 nations throughout Europe, Asia, and the Americas, the bank has also increased its operations on a global scale.

Financial advice services, investment banking, asset management, and private banking are just a few of the fields in which SEB excels. The bank is considered one of the most reputable financial organizations in the Nordic region and has won numerous accolades for its services.

SEB is still a significant player in the Swedish and Nordic financial markets today, providing services to a wide range of clients, including big businesses, governmental organizations, small and medium-sized businesses, and private citizens. SEB has a solid financial standing and a high rating from credit rating companies like Moody's and Standard & Poor's. Numerous rankings and polls have also given it high customer satisfaction scores in Sweden.

SEB's market capitalization was $5.210 billion as of May 03, 2023. By market cap, this places SEB raised its rating from 3.93 to 4.04 and took first place in the Nordic region. Sales for Groupe SEB totaled $1.99 B in the first three months of 2023, a decrease of 3.7% LFL (and -4.9% on a reported basis). SEB was ranked first in Tier 2 (smaller institutions) and second in Tier 1 (bigger institutions), respectively.

Founded: 1972

Headquarter: Kungsträdgårdsgatan 8 in Stockholm, Sweden.

Website: https://seb.se/