Economic Outlook

Purchasing Managers´ Index

PMI falls to 50.1 in April 2008 – marked slowdown in the Swedish industrial economy

Corporate Banking

Swedbank supports corporate customers with a complete range of services, including currency exchange, credit facilities, acquisition financing and brokerage services.

Swedbank releases a new web site

As a step in the re-branding process in Ukraine, Swedbank now releases a new web site, www. swedbank.ua.

The background to the new web site is Swedbank’s growing presence in Ukraine.

On July 9 Swedbank acquired all the shares in the Ukrainian bank TAS-Kommerzbank JSCB. TAS-Kommerzbank in turn owned the Ukrainian bank TAS-Investbank CJSC.

In December JSCB TAS-Kommerzbank changed its name to OJSC Swedbank and CJSC TAS-Investbank changed its name to CJSC Swedbank Invest.

As Jan Lidén commented in the Swedbank Year-end report for 2007 operations in Ukraine have developed very well, confirming the tremendous future opportunities in this banking market.

The launch of the new web site http://www.swedbank.ua is the next step in the re-branding process.