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...
Founded in 1991
Swedbank AS Announces Earnings Results for the First Quarter of 2015
Apr 28 15
Swedbank AS announced earnings results for the first quarter of 2015. For the first three months of this year a net profit of €37.1 million which is 5.8% less than in the same period last year when profit totaled €39.4 million. Interest income decreased 4.3% on year, mainly as a result of low interest rates of deposits.
Swedbank AS to Report Q1, 2015 Results on Apr 28, 2015
Feb 4 15
Swedbank AS announced that they will report Q1, 2015 results on Apr 28, 2015
Swedbank Estonia Announces Earnings Results for the Year 2014
Feb 4 15
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.