| Skandinaviska Enskilda Banken AB (publ) | |
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| Type | Public (OMX: SEB A) |
| Founded | 1972 |
| Headquarters | Stockholm, Sweden |
| Key people | Annika Falkengren (President and CEO), Marcus Wallenberg (Chairman of the board) |
| Industry | Banking and Finance |
| Products | Retail banking, merchant banking, wealth management and life & pension |
| Profit |  15,562 million SEK (2006) |
| Employees | 19,600 |
| Slogan | "financially yours" |
| Website | http://www.sebgroup.com |
SEB or Skandinaviska Enskilda Banken AB, is a North-European financial group for corporate customers, institutions and private individuals. Its activities comprise mainly banking services, but SEB also carries out significant life insurance operations.
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Overview
SEB serves more than 400,000 corporate customers and institutions and more than five million customers in the Nordic and Baltic countries, Germany, Poland, Russia and the Ukraine and strategic presence through its international network in another ten countries. More than half of SEB’s approximately 20,000 employees are located outside Sweden. On 31 December 2006, total assets amounted to SEK 1,934bn, while the Group’s assets under management totalled SEK 1,262bn.
History
In 1972, Stockholms Enskilda Bank (established 1856) and Skandinaviska Banken (established 1864) merged to form SEB. Reasons for the merger included creating a bank better positioned to serve corporate clients and to fend off competition from major international banks.
Subsidiaries
- SEB AG (Germany)
- SEB Eesti Ühispank (Estonia)
- SEB Unibanka (Latvia)
- SEB Vilniaus Bankas (Lithuania)
- Bank Agio (Ukraine)
Data
 OMX Stockholm 30 companies of Sweden |
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