February 28, 2015 2:51 AM ET

Banks

Company Overview of Swedbank AS

Company Overview

Swedbank AS provides various banking and financial services primarily in Estonia. The company offers savings and investments products, including savings accounts, mutual funds, insurance savings, pension savings, life insurance products, asset management, and other savings and investment products. It also provides financing products, such as private residential lending, consumer finance, credit cards, corporate lending, leasing, credit guarantees, and other financing products. In addition, the company offers current accounts, cash handling, debit cards, and card acquiring products, as well as domestic, international, and document payment services. Further, it provides trading and capital mar...

Liivalaia 8

Tallinn,  15040

Estonia

Founded in 1991

2,247 Employees

Phone:

372 6 310 310

Fax:

372 6 310 410

Key Executives for Swedbank AS

Chief Financial Officer, Head of Corporate Banking Division and Member of Board
Head of Private Banking Division and Member of The Board
Head of Credit Management Division and Member of The Board
Head of Retail Banking Division and Member of The Board
Managing Director of Russian Operations
Age: 43
Compensation as of Fiscal Year 2014.

Swedbank AS Key Developments

Swedbank Estonia Announces Earnings Results for the Year 2014

Swedbank Estonia announced earnings results for the year 2014. For the year, net interest income increased by 10.9% in 2014 mainly due to re-pricing and increased volumes. The year-on-year decline was due to lower net recoveries and the need for a higher deferred tax reserve. In fact, income in 2014 rose due to increased business activity, while expenses decreased as a result of improved efficiency. Net profit was EUR 155.6 million compared to EUR 175.2 million a year ago.

Swedbank AS to Report Fiscal Year 2014 Results on Feb 03, 2015

Swedbank AS announced that they will report fiscal year 2014 results on Feb 03, 2015

Swedbank Estonia Reports Earnings Results for the First Nine Months of 2014

Swedbank Estonia reported earnings results for the first nine months of 2014. Profit for the first nine months of 2014 amounted to EUR 119.4 million. Income rose year-on-year, mainly as a result of increased business activity, while expenses remained flat. Net interest income increased by 14% year-on-year, net commission income rose by 6% year-on-year compared with the nine months of 2013. The improvements were mainly due to lending margins and increased customer activity, as reflected by increased card related income and higher asset management volumes following the stock market's positive performance.

Similar Private Companies By Industry

Company Name Region
AS SEB Pank Europe
BIGBANK AS Europe
Nordea Bank Finland Plc Eesti Filiaal Europe
AS LHV Pank Europe
Hansabank Markets Europe

Recent Private Companies Transactions

Type
Date
Target
Fund Raising
December 1, 2014
BPM Mezzanine Fund
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Bertelsmann AG Europe
Rush University United States
Citizens Budget Commission United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact Swedbank AS, please visit www.swedbank.ee. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.