August 22, 2017 8:10 AM ET

Banks

Company Overview of Swedbank AS

Company Overview

Swedbank AS provides various banking products and services for private and corporate clients in Latvia and internationally. The company offers term, savings, and time deposit accounts; small loans, home loans, credit lines, mortgage loans, and loans and overdrafts for small and new enterprises; leasing services; trade finance services, including factoring, guarantees, letter of credits, and documentary collection; working capital management services; and debit, credit, company, and contactless cards, as well as various funds. It also provides payment and collection, pension, currency exchange, custody, financial planning, securities transfer and subscription, and trade room services; home, c...

Balasta dambis 15

Riga,  1048

Latvia

1,465 Employees

Phone:

371 67 444 444

Fax:

371 67 444 344

Key Executives for Swedbank AS

Chairman of the Board & Chief Executive Officer
Head of Finance Division & Member of Management Board
Head of Digital Strategy & Member of the Management Board
Age: 44
Head of Customer Service & Member of the Management Board
Head of Retail Banking & Member of the Management Board
Compensation as of Fiscal Year 2017.

Swedbank AS Key Developments

Swedbank Reports Earnings Results for 2016

Swedbank reported earnings results for 2016. For the period, the company earned EUR 104 million in profit, which is by 14% lower than in 2015. The decrease was driven by lower credit recoveries. Net interest income increased by 2% during a year. The increase was mainly due to higher lending volumes, including acquired Danske Bank’s loan portfolios. Net commission income increased by 1% in 2016.

Swedbank AS to Report Q4, 2016 Results on Feb 02, 2017

Swedbank AS announced that they will report Q4, 2016 results on Feb 02, 2017

Swedbank Reports Earnings Results for the First Nine Months of 2016

Swedbank reported earnings results for the first nine months of 2016. For the period, profit was €69.81 million 12.7% down from the first three quarters of 2015.

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Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
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