SE Banken Company profile
About Skandinaviska Enskilda Banken AB
Skandinaviska Enskilda Banken AB (SEB) is a Sweden-based bank. The Bank’s operations are divided into four business segments. The Merchant Banking segment offers commercial and investment banking services to large corporate and institutional clients, mainly in the Nordic region and Germany. The Retail Banking segment offers banking and advisory services to private individuals and small and medium-sized corporate customers in Sweden, and card operations in the Nordic countries. The Wealth Management segment offers asset management, investment management, mutual funds and private banking services to institutional clients and high net worth individuals. The Life segment offers life insurance products for private individuals and corporate customers. The Company operates subsidiaries in Sweden, rest of Europe, the United States and China.
Financial summary
BRIEF: For the fiscal year ended 31 December 2021, Skandinaviska Enskilda Banken AB interest income decreased 12% to SEK33.23B. Net interest income after loan loss provision increased 36% to SEK25.81B. Net income increased 61% to SEK25.42B. Net interest income after loan loss provision reflects Large Corporates & Financial Institutions segment increase of 67% to SEK10.32B, Net Interest Margin, Total -% increase of 10% to 1.09%.
Equity composition
03/2009, Rights Issue, 11 new shares for every 5 shares held @ SEK 10 (Factor: 1.93835).