AS "SEB banka"

SEB Banka provides a broad range of retail, private and corporate banking products and services to natural persons, business entities, corporations and institutions.

Financials

Total Assets (2017)
3 670.51 mln EUR  (+4.60%)
Net Income (2017)
38.20 mln EUR  (-25.34%)

In 2017 total assets of AS "SEB banka" were 3 670,51 mln EUR. In 2017 the bank's net income was 38,20 mln EUR.

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

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

Contacts

Meistaru iela 1, Valdlauči, Ķekavas novads, 1076, Ķekavas pagasts, Latvia

AS "SEB banka" is headquartered in Ķekavas Pagasts.

Bank Identifiers

BIC (SWIFT)
UNLALV2X
MFI ID
LV000900

Financial Positions

Total Assets (2017)
3 670.51 mln EUR  (+4.60%)
Total Equity (2017)
391.84 mln EUR  (-7.76%)

In 2017 total assets of AS "SEB banka" were 3 670.51 mln EUR. Growth compared to the previous period (2016) was 4.60%. The evolution of the total assets of AS "SEB banka" is shown at Chart 1 below.

Total Assets of AS

Chart 1. Total Assets of AS "SEB banka".

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

2016 2017 % change
Cash and deposits with Central Banks 105.9 570.1 +438.23%
Loans 2 486.2 2 643.1 +6.31%
Total Assets 3 509.2 3 670.5 +4.60%
Table 1. Recent changes in total assets of AS "SEB banka" (mln EUR).

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

2016 2017 % change
Bank deposits 65.1 4.7 -92.73%
Deposits from other clients 2 880.3 3 242.7 +12.58%
Total Liabilities 3 509.2 3 670.5 +4.60%
Table 2. Recent changes in total liabilities of AS "SEB banka" (mln EUR).

Profit and Loss

Net Income (2017)
38.20 mln EUR  (-25.34%)

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

2016 2017 % change
Interest Income 60.3 60.6 +0.63%
Interest Charges -9.2 -8.9 -3.17%
Commission Income 47.9 49.6 +3.46%
Commission Charges -16.9 -17.7 +4.94%
Table 3. Recent changes in gross profit of AS "SEB banka" (mln EUR).

In 2017 net income of AS "SEB banka" was 38.20 mln EUR. Decline compared to the previous period (2016) was -25.34%. The evolution of the net income of AS "SEB banka" is shown at Chart 2 below.

Net Income of AS

Chart 2. Net Income of AS "SEB banka".

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 Latvia are obliged to participate in Latvian deposit guarantee scheme.

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

Eligible Depositors  natural persons, legal entities
Covered Accounts  deposits, current account balance, salary accounts, savings accounts etc.
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 banka" and its components are shown in the table below.

BIC  UNLALV2X
Bank BIC Code  UNLA
Country Code  LV (Latvia)
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 banka" is shown in the table below.

MFI ID  LV000900

Banking Products in Latvia