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Economy and Banking Sector of Sweden

Major Banks of Sweden

Rank
1
Total Assets
2,318.67 bln SEK  (+11.57%)
Rank
2
Total Assets
2,079.51 bln SEK  (+1.26%)
Rank
3
Total Assets
1,421.91 bln SEK  (+5.75%)
Rank
4
Total Assets
982.92 bln SEK  (-14.80%)

#1: Skandinaviska Enskilda Banken AB

Skandinaviska Enskilda Banken AB (SEB) offers a broad range of retail and corporate banking products and services as well as insurance products to private individuals and companies.

Services
retail banking
private banking
business banking
corporate banking
Products
current accounts
salary accounts
savings accounts
debit cards
credit cards
mutual funds
pension savings
consumer loans
mortgage loans

Skandinaviska Enskilda Banken AB is the 1st largest bank in Sweden in terms of total assets. In 2019 its total assets were 2 318,67 bln SEK.

Skandinaviska Enskilda Banken AB is rated by Fitch, Moody's. Long-term credit rating assigned to the bank by Fitch is AA- (very high credit quality). Long-term credit rating assigned to the bank by Moody's is Aa2 (high grade). Skandinaviska Enskilda Banken AB participates in the deposit guarantee scheme of Sweden. This scheme covers accounts up to 950,000 SEK per bank per depositor.

#2: Svenska Handelsbanken AB

Svenska Handelsbanken (Handelsbanken) was formed in 1871 to pursue 'true banking activities' with customers in the Stockholm area and is the oldest listed share on the Stockholm Stock Exchange. Svenska Handelsbanken is a universal bank, providing retail, private, corporate and investment banking products and services to individuals, companies, corporations and institutions.

Services
retail banking
private banking
business banking
Products
current accounts
salary accounts
savings accounts
debit cards
credit cards
investment savings accounts
pension savings
consumer loans
mortgage loans
green mortgage loans

Svenska Handelsbanken AB is the 2nd largest bank in Sweden in terms of total assets. In 2019 its total assets were 2 079,51 bln SEK.

Svenska Handelsbanken AB is rated by Fitch, Moody's. Long-term credit rating assigned to the bank by Fitch is AA (very high credit quality). Long-term credit rating assigned to the bank by Moody's is Aa1 (high grade). Svenska Handelsbanken AB participates in the deposit guarantee scheme of Sweden. This scheme covers accounts up to 950,000 SEK per bank per depositor.

#3: Swedbank AB

Swedbank AB was founded through a merger of several local savings banks in 1992. Swedbank AB is a full-service universal bank offering retail and corporate banking products and services to private individuals and companies.

Services
retail banking
private banking
business banking
Products
current accounts
debit cards
credit cards
savings accounts
investment funds
mortgage loans
consumer loans

Swedbank AB is the 3rd largest bank in Sweden in terms of total assets. In 2019 its total assets were 1 421,91 bln SEK.

Swedbank AB 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 Aa3 (high grade). Swedbank AB participates in the deposit guarantee scheme of Sweden. This scheme covers accounts up to 950,000 SEK per bank per depositor.

#4: Nordea Bank Abp, filial i Sverige

Nordea is a Swedish financial services group, the largest one in the Nordic and Baltic region. Nordea focused on prodiving corporate and institutional banking as well as retail and private banking products and services. Nordea also offers life insurance and pensions products. Nordea Bank Abp, filial i Sverige operates as a branch of Nordea Bank Abp (Finland).

Nordea Bank Abp, filial i Sverige is the 4th largest bank in Sweden in terms of total assets. In 2019 its total assets were 982,92 bln SEK.

Nordea Bank Abp, filial i Sverige participates in the deposit guarantee scheme of Finland. This scheme covers accounts up to 100,000 EUR per bank per depositor.

See Also