SEB AG

SEB operates in Germany as a corporate bank providing comprehensive solutions for corporate and institutional clients.

Financials

Total Assets (2017)
17 294.80 mln EUR  (-14.41%)
Net Income (2017)
0.00 EUR

In 2017 total assets of SEB AG were 17 294,80 mln EUR. In 2017 the bank's net income was 0,00 EUR.

SEB AG is rated by Fitch, Moody's. Long-term credit rating assigned to the bank by Fitch is A+ (high credit quality). Long-term credit rating assigned to the bank by Moody's is Aa2 (high grade).

SEB AG participates in deposit guarantee scheme of Germany. This scheme covers accounts up to 100 000 EUR per bank per depositor.

SEB AG is a member of Skandinaviska Enskilda Banken (Sweden).

Contacts

Stephanstraße 14 - 16, 60313, Frankfurt am Main, Germany
11 16 52

SEB AG is headquartered in Frankfurt Am Main.

Bank Identifiers

BIC (SWIFT)
ESSEDE5FXXX
MFI ID
DE00013

Financial Positions

Total Assets (2017)
17 294.80 mln EUR  (-14.41%)

In 2017 total assets of SEB AG were 17 294.80 mln EUR. Decline compared to the previous period (2016) was -14.41%. The evolution of the total assets of SEB AG is shown at Chart 1 below.

Total Assets of SEB AG.

Chart 1. Total Assets of SEB AG.

Profit and Loss

Net Income (2017)
0.00 EUR

In 2017 net income of SEB AG was 0.00 EUR. The value didn't change compared to the previous period (2016). The evolution of the net income of SEB AG is shown at Chart 2 below.

Net Income of SEB AG.

Chart 2. Net Income of SEB AG.

Market Share and Rank (among banks in Germany)

Total Assets (2016)
48th (market share 0.29%)

In 2016 SEB AG was ranked the 48th largest bank in Germany in terms of total assets, having 0.29% of the domestic market share.

Market share of SEB AG (among banks in Germany)

Chart 3. Market share of SEB AG (among banks in Germany)

Several banks having the market shares and ranks closest to SEB AG are shown below.

RankNameTotal AssetsMarket Share
47Wüstenrot Bausparkasse AG20780.16 mln EUR0.29%
48SEB AG20206.22 mln EUR0.29%
49IKB Deutsche Industriebank AG19559.20 mln EUR0.28%
 

Credit Ratings (as of May 2018)

Fitch Moody's
A+ (high credit quality) Aa2 (high grade)

Credit Rating is an opinion of a credit rating agency about credit worthiness of a company or a government. SEB AG is rated by Fitch and Moody's.

Credit ratings assigned to SEB AG as of May 2018 are shown in details in the following sections.

Fitch

Long-term issuer default rating is Fitch's view of a credit institution's relative vulnerability to default on its financial obligations, for SEB AG it is set to A+ (high credit quality), outlook is positive (may be raised). The rating is not on watch. Short-term issuer default rating for SEB AG is set to F1 (highest short-term credit quality).

Long-Term Issuer Default Rating  A+
    Outlook  positive
    On Watch  No
Short-Term Issuer Default Rating  F1
Viability Rating  -
Support Rating  1
Support Rating Floor  -

Viability rating for SEB AG is not set support rating is 1 (extremely high probability of external support); support rating floor is not set.

Moody's

Long-term rating for SEB AG it is set to Aa2 (high grade). Long-term bank deposit rating is Aa2 (high grade). Baseline credit assessment is a3. Short-term rating is not assigned.

Long-Term Rating  Aa2
Long-Term Bank Deposit Rating  Aa2
Baseline Credit Assessment  a3
Short-Term Rating  -
Outlook  stable

Outlook for the ratings of SEB AG is set to stable (not likely to change).

Deposit Guarantee

Deposit Guarantee
Yes (up to 100 000 EUR per depositor)

Deposit Guarantee Schemes compensate certain deposits held by depositors of a bank that becomes unable to meet its obligations.

All credit institutions operating in Germany are obliged to participate in German deposit guarantee scheme.

In the case of SEB AG failure, eligible depositors having covered accounts in this bank will be paid out the following compensation:

Covered Accounts  all deposit accounts (deposits on current accounts and savings accounts, overnight money or time deposits, registered savings bonds, and similar)
Covered Currencies  EU currencies
Maximum Protected Amount  100 000 EUR
Paid In Currency  EUR

Further Information

BIC

BIC (Business Identifier Code, also known as SWIFT code or SWIFT BIC) is a the mostly used international identifier of financial institutions. SWIFT is the registration authority for BICs. BICs are used in financial transactions, client and counterparty data bases, compliance documents and many others.

A BIC consists of eight or eleven characters, comprising a financial institution code (four characters), a country code (two characters), a location code (two characters) and, optionally, a branch code (three characters).

BIC of SEB AG and its components are shown in the table below.

BIC  ESSEDE5FXXX
Bank BIC Code  ESSE
Country Code  DE (Germany)
Location Code  5F
Branch Code  XXX

MFI ID

MFI ID (Monetary Financial Institution Identifier) is a code, unique to each institution in the MFI list provided by ECB (European Central Bank). MFI ID is hence applicable to MFIs resident in the European Union.

The code is alphanumerical, with the first two digits representing the two-digit ISO code for the country of residence of the MFI and the remaining number of digits (no limit has been specified) is any combination of alphanumerical characters.

MFI ID of SEB AG is shown in the table below.

MFI ID  DE00013