XSTO
HUFV A
Market cap33bUSD
Sep 26, Last price
281.80SEK
Name
Swedbank AB
Chart & Performance
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Profile
Swedbank AB (publ) delivers a comprehensive range of financial solutions and services to both individual clients and corporate enterprises. Its operations are organized into three primary divisions: Swedish Banking, Baltic Banking, and Large Corporates & Institutions. The institution's product suite includes diverse savings and investment vehicles such as deposit accounts, mutual funds, insurance-linked savings, pension plans, and institutional asset management. It also facilitates various forms of credit, including home loans for private individuals, consumer credit, corporate financing, equipment leasing, trade financing, and factoring. Daily banking needs are met through current accounts, cash management, a variety of debit and credit cards, merchant acquiring services, and numerous payment options, encompassing domestic, international, mobile, and document-based transactions. Swedbank is actively involved in capital markets, offering services like equity trading, structured financial products, corporate advisory, custody services, and trading in fixed income and foreign exchange instruments. Its robust advisory and investment banking capabilities extend to corporate financing, debt capital market solutions, leveraged finance, and loan syndication. Additionally, it provides extensive transaction banking services, including cash flow management, trade finance, securities services, commercial payment solutions, account management, and efficient clearing and settlement. Ancillary services provided encompass administrative support, treasury operations, real estate brokerage and management, legal assistance, and secure deposit facilities. Customers also benefit from modern digital banking channels, accessible via telephone, internet, and mobile applications. The company maintains a significant physical presence with 153 branches across Sweden, 17 in Estonia, 21 in Latvia, and 42 in Lithuania. Beyond these core branch territories, Swedbank also conducts business in Norway, Finland, Denmark, China, the United States, and South Africa. Established in 1820, Swedbank AB (publ) was originally known as ForeningsSparbanken AB before adopting its current name in September 2006. Its headquarters are located in Sundbyberg, Sweden.
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