Competition in Swedbank's home markets
In Sweden, Swedbank, Handelsbanken, Nordea and SEB accounted for about 70 per cent of deposits and lending in 2016. Swedbank is biggest in retail banking and has a leading position in lending to private customers (23 per cent), deposits from private customers (21 per cent) and fund management (21 per cent). In the Swedish corporate market the bank’s share was 18 per cent for lending and 20 per cent for deposits at the end of 2016.
The Estonian banking sector is more concentrated than Sweden’s. The market is dominated by foreign companies, with Swedbank, SEB, Luminor (DNB and Nordea) and Danske Bank together controlling around 90 per cent. Swedbank had a market share of 55 per cent for deposits from private customers, 47 per cent for lending and 41 per cent for fund management. In the Estonian corporate market the bank’s share was 34 per cent for lending and 43 per cent for deposits.
Latvia has a more fragmented market where local banks account for 30 to 70 per cent of the various segments. In 2016 Swedbank accounted for 31 per cent of deposits, 41 per cent of fund assets under management and 31 per cent of lending to private customers. In the corporate market the bank’s share was 16 per cent for lending and 15 per cent for deposits.
Like in Sweden, the banking market in Lithuania is dominated by a few major players. Among private customers, Swedbank accounted for 40 per cent of deposits, 37 per cent of fund volumes and 34 per cent of lending. In the corporate market the bank’s share was 19 per cent for lending and 26 per cent for deposits.
Swedbank's market shares on its home markets
Market shares, %
Updated February 2016
|of which mortgage loans||24||24||25||25||25|
|Life insurance 1), new premiums||6||5||4||6||5|
|Life insurance 1), premium income||6||6||6||7||7|
|Bank Giro ( Sep 2016)||36||36||34||34||34|
|of which mortgage loans||46||46||46||46||45|
|Domestic Payments (Sep 2016)||60||59||59||59||59|
|International payments (Sep 2016)||20||19||28||32||33|
|of which mortgage loans (Sep 2016)||37||34||34||32||31|
|Loans*, corporate (Dec 2016)||19||17||16||17||17|
|Domestic Payments (Jun 2016)||52||51||53||53||51|
|International payments (Jun 2016)||28||24||18||20||21|
|Loans*, private (Sep 2016)||35||34||34||28||28|
|of which mortgage loans (Sep 2016)||35||33||33||27||27|
|Deposits, private (Sep 2016)||42||40||40||38||37|
|Pensions, private (Oct 2016)||37||37||37||35||35|
|Loans*, corporate (Sep 2016)||19||18||20||21||23|
|Deposits, corporate (Sep 2016)||27||25||25||21||22|
|Domestic Payments (Sep 2016)||49||49||48||42||41|
|International payments out (Sep 2016)||23||26||27||26||25|
* Excluding credit institutions, Swedish National Debt Office and repurchase agreements
1) Rolling 12 months. From 2015 market shares are measured as premiums paid (excl. transfer of capital from other insurance companies) instead of premium income.