AS SEB Pank

AS SEB Pank is a universal bank, offering retail, private and corporate banking products and services to individuals and companies. AS SEB Pank also offers pension plans and insurance.

Financials

Total Assets (2017)
5 919.21 mln EUR  (+6.05%)
Net Income (2017)
67.32 mln EUR  (-4.97%)

AS SEB Pank is the 2nd largest bank in Estonia in terms of total assets. In 2017 its total assets were 5 919,21 mln EUR, providing the bank with the market share of 23.42%. In 2017 the bank's net income was 67,32 mln EUR.

AS SEB Pank participates in deposit guarantee scheme of Estonia. This scheme covers accounts up to 100 000 EUR per bank per depositor.

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

Contacts

Tornimäe tn 2, 15010, Tallinn, Estonia
6 655 100
6 655 102

AS SEB Pank is headquartered in Tallinn.

Bank Identifiers

BIC (SWIFT)
EEUHEE2X
MFI ID
EE10004252
Company Number
10004252

Financial Positions

Total Assets (2017)
5 919.21 mln EUR  (+6.05%)
Total Equity (2017)
820.78 mln EUR  (+4.97%)

In 2017 total assets of AS SEB Pank were 5 919.21 mln EUR. Growth compared to the previous period (2016) was 6.05%. The evolution of the total assets of AS SEB Pank is shown at Chart 1 below.

Total Assets of AS SEB Pank.

Chart 1. Total Assets of AS SEB Pank.

Recent changes in total assets of AS SEB Pank and its main components are shown in Table 1.

2016 2017 % change
Cash and deposits with Central Banks 1 255.2 1 009.9 -19.54%
Loans 4 172.4 4 612.8 +10.55%
Total Assets 5 581.7 5 919.2 +6.05%
Table 1. Recent changes in total assets of AS SEB Pank (mln EUR).

Recent changes in total liabilities of AS SEB Pank and its main components are shown in Table 2.

2016 2017 % change
Deposits 4 720.5 5 009.0 +6.11%
Total Liabilities 5 581.7 5 919.2 +6.05%
Table 2. Recent changes in total liabilities of AS SEB Pank (mln EUR).

Profit and Loss

Net Income (2017)
67.32 mln EUR  (-4.97%)

Recent changes in gross profit of AS SEB Pank and its main components are shown in Table 3.

2016 2017 % change
Interest Income 79.1 85.5 +8.03%
Interest Charges -9.0 -9.5 +5.49%
Commission Income 51.6 54.8 +6.24%
Commission Charges -13.7 -14.4 +4.88%
Table 3. Recent changes in gross profit of AS SEB Pank (mln EUR).

In 2017 net income of AS SEB Pank was 67.32 mln EUR. Decline compared to the previous period (2016) was -4.97%. The evolution of the net income of AS SEB Pank is shown at Chart 2 below.

Net Income of AS SEB Pank.

Chart 2. Net Income of AS SEB Pank.

Market Share and Rank (among banks in Estonia)

Total Assets (2017)
2nd (market share 23.42%)
Loans (2017)
2nd (market share 24.93%)
Deposits (2017)
2nd (market share 23.40%)

In 2017 AS SEB Pank was ranked the 2nd largest bank in Estonia in terms of total assets, having 23.42% of the domestic market share.

Market share of AS SEB Pank (among banks in Estonia)

Chart 3. Market share of AS SEB Pank (among banks in Estonia)

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

RankNameTotal AssetsMarket Share
1 Swedbank AS9963.79 mln EUR39.43%
2 AS SEB Pank5919.21 mln EUR23.42%
3 Luminor Bank AS3579.19 mln EUR14.16%
 

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 Estonia are obliged to participate in Estonian deposit guarantee scheme.

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

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 AS SEB Pank and its components are shown in the table below.

BIC  EEUHEE2X
Bank BIC Code  EEUH
Country Code  EE (Estonia)
Location Code  2X
Branch Code  -

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 AS SEB Pank is shown in the table below.

MFI ID  EE10004252

Company Registration Number

Company Registration Number is a distinctive code issued upon registration of a new company. This code can be used to find data about the company in a national company register.

Company Number  10004252

Banking Products in Estonia