Company Overview of Swedbank AS
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
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
Compensation as of Fiscal Year 2014.
Swedbank AS Key Developments
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.
Swedbank AS to Report Fiscal Year 2014 Results on Feb 03, 2015
Oct 22 14
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
Oct 22 14
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.
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