Flag of Sweden>

Economy and Banking Sector of Sweden

Major Banks of Sweden

Nordea Bank AB

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.

In 2017 total assets of Nordea Bank AB were 4 110,20 bln SEK. In 2017 the bank's net income was 3 048,00 mln EUR.

Nordea Bank 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 Aa3 (high grade). Nordea Bank AB participates in deposit guarantee scheme of Sweden.This scheme covers accounts up to 100,000 EUR per bank per depositor.

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.

In 2017 total assets of Skandinaviska Enskilda Banken AB were 1 892,16 bln SEK.

Skandinaviska Enskilda Banken 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 Aa2 (high grade). Skandinaviska Enskilda Banken AB participates in deposit guarantee scheme of Sweden.This scheme covers accounts up to 100,000 EUR per bank per depositor.

Svenska Handelsbanken AB

Svenska Handelsbanken AB (Handelsbanken) is a universal bank, providing retail, private, corporate and investment banking products and services to individuals, companies, corporations and institutions.

In 2017 total assets of Svenska Handelsbanken AB were 2 012,88 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 Aa2 (high grade). Svenska Handelsbanken AB participates in deposit guarantee scheme of Sweden.This scheme covers accounts up to 100,000 EUR per bank per depositor.

Swedbank AB

Swedbank AB is a full-service universal bank offering retail and corporate banking products and services to private individuals and companies.

In 2017 total assets of Swedbank AB were 1 316,39 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 Aa2 (high grade). Swedbank AB participates in deposit guarantee scheme of Sweden.This scheme covers accounts up to 100,000 EUR per bank per depositor.

See Also