This is Swedbank

Swedbank’s vision is to be the leading financial institution in its home markets. Through innovative product and service development, and by being accessible to all our customers and providing the best possible service, our aim is to be the bank with the most satisfied customers. From September 2008, the entire Group operates under the Swedbank brand.

Swedish Banking | Baltic Banking | International Banking
Swedbank Markets | Asset Management and Insurance
Shared Services and Group Staffs

	Swedish Banking
Operations	Swedish Banking is Swedbank’s largest business area, offering a complete range of financial services for private individuals, corporates, organizations and municipalities. In Sweden, Swedbank offers customers unrivalled access to its products through 419 branches, ATMs, the Telephone Bank and the Internet Bank, as well as an additional 261 branches through the co-operation with savings banks and partly owned banks. Swedish Banking is the market leader in several key market segments in Sweden.
Markets	Sweden
Volumes*	Lending SEK 933bn (of which private SEK 520bn)	Deposits SEK 337bn (of which private SEK 179bn)
Income and profit	Income SEK 18 267m	Profit for the year SEK 6 425m
Customers	Private 4,1 m	Corporate and organizations 404 000
Branches	419
Share of Swedbank’s total lending*
Share of Swedbank’s total profit**

* Data as per 31 December 2008. Lending refers to loans to the public excluding repos and loans to the National Debt Office, while profit refers to profit for the period attributable to shareholders of Swedbank AB.
** Excluding impairment of goodwill of SEK 1 403m, 2008.
*** Inkluding Baltic Banking Investment.

Facts: Key figures

	Baltic Banking
Operations	Baltic Banking comprises the Group’s operations in Estonia, Latvia and Lithuania, which offer a complete range of financial services to private individuals and corporates through branches, ATMs, the Internet Bank and the Telephone Bank. Operations were previously conducted under the Hansabank name, but in autumn 2008 a rebranding using the Swedbank name was launched. Baltic Banking is the leader in the most important segments of the market.
Markets	Estonia, Latvia and Lithuania
Volumes*	Lending SEK 218bn (of which private SEK 96bn)	Deposits SEK 107bn (of which private SEK 61bn)
Income and profit	Income SEK 9 413m	Profit for the year SEK 3 649m
Customers	Private 5.2m	Corporate and organizations 234 000
Branches	278
Share of Swedbank’s total lending*
Share of Swedbank’s total profit**

	International Banking
Operations	International Banking comprises operations outside Swedbank’s home markets (Sweden, Estonia, Latvia and Lithuania), mainly the banking operations in Ukraine and Russia. Aside from Ukraine and Russia, the business area consists of branches in Denmark, Finland, Norway, the U.S. and China, the subsidiary in Luxembourg, and representative offices in Japan and Spain. International Banking is also responsible for the Swedbank Group’s overall relationships with banks and financial institutions.
Markets	Ukraine, Russia, Norway, Denmark, Finland, U.S., China, Spain, Luxembourg and Japan
Volumes*	Lending 73 bn (of which private SEK 10bn)	Deposits SEK 13bn (of which private SEK 3bn)
Income and profit	Income SEK 2 932m	Profit for the year** SEK 578m
Customers	Private 161 000	Corporate and organizations 22 000
Branches	234
Share of Swedbank’s total lending*
Share of Swedbank’s total profit**

	Swedbank Markets
Operations	Swedbank Markets is Swedbank’s investment bank, offering equity, fixed income and currency trading; project, export and acquisition financing; and corporate finance services. In addition to its operations in Sweden, the business area includes the subsidiaries First Securities in Norway and Swedbank First Securities LLC in New York. Fixed income trading is handled through the New York branch and also by the Oslo branch in co-operation with First Securities. Project and Corporate Finance also has operations in Tallinn, Riga and Vilnius as well as through the subsidiary ZAO Swedbank Markets in Moscow and St. Petersburg.
Markets	Sweden, Norway, Estonia, Latvia, Lithuania, U.S. and Russia
Volumes*	Lending SEK 26bn	Deposits SEK 21bn
Income and profit	Income SEK 3 045m	Profit for the year SEK 629m
Share of Swedbank’s total lending*
Share of Swedbank’s total profit**

	Asset Management and Insurance
Operations	Asset Management and Insurance comprises the subsidiary Swedbank Robur, with operations in fund management, institutional and discretionary asset management, insurance and individual pension savings. Swedbank Robur is Sweden’s largest fund manager. The products are sold and distributed mainly by Swedish Banking and by the savings banks and partly owned banks in Sweden.
Markets	Sweden
Volumes*	Assets under management SEK 545bn
Income and profit	Income SEK 1 798m	Profit for the year SEK 733m
Share of Swedbank’s total lending*
Share of Swedbank’s total profit**

	Shared Services and Group Staffs
Operations	Shared Services and Group Staffs comprise the development and operation of IT systems in the Swedish part of the Group and other shared service functions primarily in Sweden, though also increasingly for other markets in line with the Group’s internationalization. The Group Executive Management, Group Staffs and the Group’s insurance company, Sparia, are also included here.
Markets	Sweden
Volumes*
Income and profit	Income SEK 4 190m	Profit for the year SEK 852m
Share of Swedbank’s total lending*
Share of Swedbank’s total profit**