Top Largest Banks in Sweden

The top largest banks in Sweden include Nordea, Swedbank, SEB and Handelsbanken.

Swedbank is one of the four largest banks in Sweden, offering a comprehensive range of services, from the simplest errands to qualified advisory services within: Loans and mortgages; Savings and investing; Payment services; Insurance; Private banking.

Founded in 1856, SEB is one of Europe’s leading banks. In Sweden, SEB occupies a leading position among large corporations and private banking customers, with substantial market shares of foreign exchange trading, equities trading, cash management, asset management, etc. SEB has been ranked as the best foreign exchange bank in Swedish kronor on a global basis. SEB extended it lead as the largest broker on the stock exchange in Stockholm in 2008. SEB is named the best large company in Sweden for investor relations by IR Magazine Nordic (2008). It is also best investment bank in Sweden according to Euromoney (2009).

Nordea Bank is one of the four largest banks in Sweden. In 2001 the Finnish-Swedish MeritaNordbanken merged with Danish Unibank and Norwegian Christiania Kreditkasse and formed the Nordea. The Nordea share is listed on the NASDAQ OMX, the exchanges in Copenhagen, Helsinki and Stockholm. The bank also operates in the Baltic countries, Poland, Luxembourg and Russia.

Handelsbanken is one of the largest banks in Sweden, providing bespoke banking services to both corporate and individual customers wanting a long-term relationship with their bank. In 2010 for the second year running an independent survey showed that Handelsbanken is ranked top in terms of customer satisfaction and loyalty by both Corporates and Individuals.

* Next: Stock Brokers in Sweden

Author

Kelvin Wong Loke Yuen is a highly experienced education writer. He has obtained many certifications from the UK, USA, Australia and Canada, including an MBA and a Postgraduate Diploma from Heriot-Watt (UK's World-Class University) and a BCom degree from Adelaide (Australia’s Group of Eight University). Follow him on: LinkedIn