July 30, 2014 6:23 PM ET


Company Overview of Swedbank AS

Company Overview

Swedbank AS provides various banking and financial services primarily in Estonia. The company offers savings and investments products, including savings accounts, mutual funds, insurance savings, pension savings, life insurance products, asset management, and other savings and investment products. It also provides financing products, such as private residential lending, consumer finance, credit cards, corporate lending, leasing, credit guarantees, and other financing products. In addition, the company offers current accounts, cash handling, debit cards, and card acquiring products, as well as domestic, international, and document payment services. Further, it provides trading and capital mar...

Liivalaia 8

Tallinn,  15040


Founded in 1991

2,247 Employees


372 6 310 310


372 6 310 410

Key Executives for Swedbank AS

Chief Financial Officer
Head of Private Banking Division and Member of The Board
Head of Credit Management Division and Member of The Board
Head of Retail Banking Division and Member of The Board
Managing Director of Russian Operations
Age: 43
Compensation as of Fiscal Year 2014.

Swedbank AS Key Developments

Swedbank AS expected to report Q2 2014 results on July 30, 2014. This event was calculated by Capital IQ (Created on July 24, 2014).

Swedbank AS expected to report Q2 2014 results on July 30, 2014. This event was calculated by Capital IQ (Created on July 24, 2014).

Swedbank Estonia Reports Earnings Results for the First Half of 2014

Swedbank Estonia reported earnings results for the first half of 2014. For the period, the company net profit was 4.5% smaller than the year before at EUR 80.3 million mostly due to the creation of an income tax reserve and a smaller decline in loan loss provisions. Revenues of the Estonian operation of Swedbank totaled EUR 142.5 million, up by 13% compared to the first half of 2013. Net interest income grew 18% in annual comparison to EUR 91.3 million and net commission income increased 5% to EUR 34.2 million.

Swedbank Announces Earnings Results for the First Quarter of 2014

Swedbank announced earnings results for the first quarter of 2014. For the period, the company’s net profit was EUR 39.4 million compared to the year-earlier EUR 42.1 million. Although net interest income increased, net profit declined mainly due to the formation of dividend payment reserves.

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