What is Bank Swedbank?
Swedbank is a financial institution in Sweden and is counted among the largest banks in the country. Outside Sweden, The bank has significant operations in Estonia, Latvia and Lithuania markets. It has also opened representative offices in many International cities Copenhagen, Luxembourg, New York and Shanghai. Swedbank controls all operations from its corporate office, located in Stockholm, Sweden
Profile
Swedbank was started in the year of 1820. The bank had commenced operations from Gothenburg and was listed on Stockholm Stock Exchange in 1997. The bank has opened 317 branches in
More Than two hundred countries. It also operates six subsidiaries including Swedbank Russia, Swedbank Latvia and Swedbank Ukraine with the strength of more than 16,000 employees.
Swedbank Services
Swedbank serves 10.1 million customer with various services to the customers such as retail banking, mortgages, asset management, loans and other financial services. In the financial year of 2011, Swedbank has operating income of SEK 15.423 billion and total assets of SEK 1.857 trillion. The Bank had gained the
Revenue of SEK 33.515 billion in 2010. Its service, Swish was elected as the Service of The Year Award at Telecoms Awards in 2014. In Addition to this, it has received CSR award, National Responsible Business Award, Best pension fund and Two Golden Coin awards in 2013.