Skandinaviska Enskilda Banken popularly termed SEB is a financial institution serving about 5 million retail customers and nearly four hundred thousand corporate clients. SEB Stockholm was established in 1972 with the merger of Stockholm Enskilda Bank and Skandinaviska Enskilda Banken. SEB aims at reaching the highest rank in terms of customer satisfaction.
SEB Highlights
The 150 years journey of SEB in Stockholm began with the formation of Stockholm Enskilda Bank in 1856. In 1864 Skandinaviska Enskilda Banken was established. These two together formed SEB in 1972. Apart from banking operations, SEB also provides insurance services for its customers. The other pertinent facts about Stockholm SEB are:
- Total assets are worth *SEK 1934 billion as on 31st Dec, 2006
- SEB caters to 5 million individual customers, and 400,000 corporate clients in Germany, Russia, Ukraine, Poland, and the Baltic and Scandinavian nations. It also has operations in 10 more foreign countries
- It has employee strength of 20,000
- SEB is a financial partner of 200 major accounts, 1000 commercial banks, and 1500 limited companies in the Baltic and Nordic regions of Europe
- SEB of Sweden is represented by almost 600 outlets
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- It is the leading provider of unit-linked insurance scheme in Sweden
- Skandinaviska Enskilda Banken is the largest broker in the Stock Exchange of Stockholm
SEB Products and Services
SEB Services and Products can be classified into Personal, Corporate, Small and Medium Enterprises, and SEPA.
- Personal Services - The retail services include deposits, stock trading, bill payments, loans, asset management, insurance, and card services
- Corporate - Cash management, Asset management, Capital market services, Equity research, Investments, Custody services, Pension, and Financial Training are some of the corporate activities performed by this bank
- Small and Medium Enterprises - SEB lays special emphasis on the development and growth of small and medium enterprises set up within their areas of operation
- SEPA - Single Euro Payment Area is a recent development enabling financial transactions within 31 European Union nations
Skandinaviska Enskilda Banken has its head office located in 8 Kungstradgardsg, Stockholm SE 106 40.
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