July 22, 2014 7:02 PM ET


Company Overview of AS Swedbank

Company Overview

AS Swedbank provides various banking and financial services to private and corporate customers in Latvia. Its retail banking services include offering various deposits, such as dynamic, holiday, fixed term, and short-term deposits, as well as savings accounts; car and motorcycle leasing services; loans for casual purchases, education, car, home improvement, travel, and new home; and home, car, life, and travel insurance; payment cards and credit cards; pension plans; collection services; individual safe-deposit boxes; and MoneyGram services. The company’s corporate banking services comprise provision of professional advice to owners, boards, and senior managers in initial public offerings, c...

Balasta Dambis 1A

Riga,  1048


Founded in 1992

1,548 Employees


371 67 444 444


371 67 444 344

Key Executives for AS Swedbank

Chairman of Management Board and Chief Executive Officer
Age: 40
Chief Financial Officer and Member of Management Board
Age: 43
Head of Investment Management
Age: 39
Chairman of the Council of Hansabank Group
Age: 65
Acting Head of Analysis and Planning
Compensation as of Fiscal Year 2014.

AS Swedbank Key Developments

Swedbank Announces Earnings Results for the First Quarter of 2014

Swedbank announced earnings results for the first quarter of 2014. During the first quarter of 2014, Swedbank raised its profit 15.6% from the same period a year ago to EUR 29.368 million.

AS Swedbank Reports Earnings Results for the Third Quarter and Nine Months of 2012

AS Swedbank reported earnings results for the third quarter and nine months of 2012. For the quarter, the company reported net profit, including its insurance business, was LVL 14 million. Revenues and costs decreased by 3%, and 2% respectively compared to the same period in 2011. For the nine months, the company’s net profit was LVL 62 million compared to LVL 81 million for the same period in 2011. The decline is mainly due to lower loan interest income and net recoveries.

AS Swedbank to Report Q4, 2012 Results on Jan 30, 2013

AS Swedbank announced that they will report Q4, 2012 results on Jan 30, 2013

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Recent Private Companies Transactions

October 25, 2013
AS UniCredit Bank, Baltic Portfolio

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