About Swedbank

Swedbank has its roots in the Swedish savings bank tradition, which dates back to 1820. Working close with our customers and the local society has been our focus from the start. Our purpose is to promote a sound and sustainable financial situation for the many. This implies working for a balanced economy that ensures the well-being of the individual as well as society as a whole.

Swedbank is a full-service bank for both private individuals and companies in the home markets Sweden, Estonia, Latvia and Lithuania. Our core business serves a majority of private individuals as well as small- and medium-sized companies. We believe in a traditional banking model focused on close customer relationships and personal advice. Our focus is our customers’ needs and wishes – not our products.

We have 9.5 million private customers and 650,000 corporate customers with 362 branches in Sweden and 222 branches in the Baltic countries. The group is also present in Copenhagen, Helsinki, Kaliningrad, Luxembourg, Marbella, Moscow, New York, Oslo, Shanghai, St. Petersburg, Ukraine and Tokyo. In June 2010, the balance sheet amounted to SEK 1,905 billion and the number of employees totaled about 17,500.