Skip to content

Important events in Swedbank's history

Two women out skiing.
Year by year
1820
The first Swedish savings bank is founded in Gothenburg.
1915
The first Swedish agricultural cooperative bank is founded in Stockholm.
1942 Sparbankernas Bank ("The Savings Banks' Bank") is established as the various savings banks' central bank.
1958 Jordbrukets Bank (The Bank of Agriculture) is established as the farming cooperative credit societies' central bank.
1991 12 regional agricultural cooperative banks merge to form Föreningsbanken.
1991 Hansabank is founded in Estonia.
1991 Swedbank establishes an international office in New York, USA, serving corporates and financial institutions with a wide range of products and services within Debt Capital Markets. 
1992 A merger between 11 regional savings banks, forming Sparbanken Sverige.
1994 Föreningsbanken is listed on the Stockholm Stock Exchange.
1995 Hansabank starts operations in Latvia.
1996 Hansabank acquires 100% of Deutsche-Lettische Bank in Latvia.
1996 Hansabank starts operations in Lithuania.
1997 FöreningsSparbanken is formed through a merger between Sparbanken Sverige and Föreningsbanken.
1997 Hansabank acquires a stake in Hoiupank.
1999 Swedbank acquires more than 50% of Hansabank.
1999 Swedbank opens an international branch in Oslo, Norway, offering a wide range of products and services within financing and investment to corporates and organisations. 
2001 Swedbank establishes an international branch in Shanghai, China, which works as a house bank for corporate clients, offering trade finance, FX, treasury and other services.
2002 Hansabank starts operations in Russia.
2004 Hansabank acquires Kvest bank in Moscow.
2005 Swedbank acquires 100% of Hansabank.
2005 Swedbank opens an international office in Helsinki, Finland, which provides high-quality banking services for corporates doing business or trading with Finland.

2005 Swedbank establishes an international office in Copenhagen, Denmark, offering products to private customers as well as corporates that have Swedbank Sweden as their primary bank.
2006 The Annual General Meeting resolves to change the bank's name to Swedbank.
2007 Swedbank enters Ukraine through the acquisition of TAS-Kommerzbank (“TAS”).
2008 Hansabank starts the process of changing its name to Swedbank in the three Baltic countries.
2013 Swedbank discontinues operations in Russia, and its subsidiary in Ukraine is sold.
2014 Swedbank becomes the first Nordic bank to open a representative office in sub-Saharan Africa. The Johannesburg office supports clients with trade finance and risk management as they grow their business in the African markets.
2020 Two hundred years have passed since the first savings bank opened its doors.