SEB presents revised growth forecast with optimism for the coming year
GDP growth is expected to accelerate to 2.7 percent this year, while the Riksbank raises the key interest rate twice next year.
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Nordic corporate and retail banking group
sebgroup.comLast updated
In short: SEB reported a second-quarter profit of SEK 10.8 billion, executed a series of share buybacks, and updated its macroeconomic projections.
GDP growth is expected to accelerate to 2.7 percent this year, while the Riksbank raises the key interest rate twice next year.
Adds over 350 GWh of annual renewable energy production and expands geographic presence across all major electricity price areas.
Return on equity was 15.7%, CET1 ratio 17.2%, and capital buffer 250 bps.
Part of a SEK 1.25bn buyback program executed under MAR, with Goldman Sachs as agent.
Skandinaviska Enskilda Banken AB engages in the provision of corporate, retail, investment, and private banking services. The firm also provides asset management and life insurance...
Södertälje District Court has now sentenced nine people in one of the country's more extensive economic crime cases, while others are acquitted. With the help of SEB, they were able to continue their...
The four major banks have now opened their books for the second quarter. After two years of falling net interest income, the reports show clear signs of a turning point.
Swedish lender SEB AB reported profit from lending in the second quarter that beat estimates amid growth in loan volumes.
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