September 30, 2016 6:58 AM ET

Banks

Company Overview of SEB Banka, AS

Company Overview

AS SEB banka provides banking and financial services to individual, business, and corporate and institutional clients in Latvia. It offers savings accounts, business accounts, securities accounts, current accounts, deposits, and credit card accounts; long-term savings and insurance, investment funds, and securities; and home loans, working capital financing, and commercial loans, as well as car lease and currency exchange services. The company also provides salary transfers, disbursements, and e-invoice with automated standing order; and payment and credit cards, Internet and mobile Internet banking, SMS banking, ATMs, and e-broker services. In addition, it offers letter of credit, bank guar...

Meistaru iela 1

Valdlauci

Kekavas pagasts

Kekavas novads,  1076

Latvia

Founded in 1993

1,095 Employees

Phone:

371 6721 5535

Fax:

371 6721 5335

Key Executives for SEB Banka, AS

Chairman of the Board, Chief Executive Officer and President
Age: 47
Chief Financial Officer and Director
Age: 34
Vice President and Director
Age: 55
Vice President and Director
Age: 40
Compensation as of Fiscal Year 2016.

SEB Banka, AS Key Developments

SEB group Announces Earnings Results for the First Nine Months Ended September 2015

SEB group announced earnings results for the first nine months ended September 2015. For the nine months, the company earned EUR 28 million in profit, up 18% against the same period a year ago. The company’s revenue in Latvia grew 2% against the first nine months of 2014 to EUR 76.5 million in the year 2015, while the group's expenditures in Latvia contracted 6% to EUR 35.8 million. During the first nine months of 2014, the company made EUR 23.731 million in profit in Latvia, while the company posted a EUR 24.165 million profit.

SEB Banka Reports Earnings Results for the First Half of 2015

SEB Banka reported earnings results for the first half of 2015. The company's profit in the first half of 2015 was EUR 17.494 million, up 10.9% year on year.

SEB Banka Reports Earnings Results for the First Half Ended June 30, 2015

SEB Banka reported earnings results for the first half ended June 30, 2015. The company earned €18 million in profit in the first half of 2015, up 27% against the same period a year ago. Revenue came to €50 million in the first half of 2015, growing by 1% from the first half of 2014. Profit before loan loss provisions rose 7% year-on-year to €25.2 million. SEB Banka posted a profit of €15.769 million in the first half of 2014.

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Recent Private Companies Transactions

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

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