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Banks in Sweden

Handelsbanken Nordea, Denmark Skandinaviska Enskilda Banken Swedbank, Riga
Handelsbanken Nordea SEB Swedbank
  • Carnegie Investment Bank AB – A financial services group with activities in securities brokerage, investment banking and private banking. It was founded in 1803 and is headquartered in Stockholm with branches throughout the Nordic region. In 2010, Carnegie acquired HQ Bank and HQ Fonder to create the clear Nordic leader in investment banking.
  • Ikano Bank – An internet bank founded 1995. The Bank offers loans and savings products to private customers and store cards, loyalty cards, credit cards and crm services to retailers. It also offers rental, leasing, car finance and factoring for corporate customers. Ikano Bank has branches in Glostrup (Denmark), Asker (Norway), Helsinki (Finland), Lund, Solna and Almhult (Sweden). Additionally, Ikano provides banking and financial services in Germany, Russia, the UK, Poland and Austria. At 31 March 2011, Ikano Bank’s total assets amounted to EUR 1.999 billion.
  • Forex Bank AB – A financial services company, established in 1927. It offers foreign currency and banking services, including savings and loans, credit cards and money transfer. Since 2003, Forex Bank is a licensed bank. Today, FOREX is one of the world’s largest foreign exchange bureaus. The company is wholly owned by the Friberg family.
  • Handelsbanken – One of the largest banks in Sweden with a presence in more than 22 countries, which makes Handelsbanken the most international bank in the Nordic region.
  • Nordea – A financial services group in the Nordic and Baltic region. Nordea is number one or two in the most Nordic markets with over 10 million customers and about 1,400 offices.
  • SEB (Skandinaviska Enskilda Banken) – One of Northern Europe’s leading financial Groups. SEB serves over 2 million customers in Sweden, more than 1.3 million customers in Denmark, Norway and Finland and 2.5 million customers in the Baltic countries. In Denmark, Finland, Norway, and Germany the bank’s operations have a strong focus on corporate and investment banking.
  • Skandiabanken – An internet bank owned by Skandia and based in Sweden. It has one branch office in Stockholm and conducts the rest of its business over the internet and via telephone. Skandiabanken also operates in Norway and is the largest internet-based bank in Scandinavia.
  • Swedbank – A leading Nordic-Baltic banking group with more than 10 million private and corporate clients. It has more than 900 branches in 13 countries, mainly in Sweden, Estonia, Latvia and Lithuania.
  • Sveriges Riksbank (Bank of Sweden) is Sweden’s central bank and an authority under the Riksdag, the Swedish parliament. The Riksbank is responsible for monetary policy with the objective to maintain price stability. The bank has also been given the task to promote a safe and efficient payment system. The Riksbank was founded in 1668 and is considered to be the oldest central bank in the world.
  • Westra Wermlands Sparbank – An independent savings bank in Arvika, Sweden.

Top Banks in Sweden by total assets

 (In billions of Swedish kronor)

Rank Company 30/06/2012
SEK, bn
31/12/2011
SEK, bn
31/12/2010
SEK, bn
31/12/2009
SEK, bn
31/12/2008
SEK, bn
31/12/2007
SEK, bn
1 Nordea Bank 6,214 6,387 5,218 5,207 5,189 3,672
3 Svenska Handelsbanken 2,547 2,454 2,154 2,123 2,159 1,859
2 SEB (Skandinaviska Enskilda Banken) 2,373 2,363 2,180 2,308 2,511 2,345
4 Swedbank 1,834 1,857 1,716 1,795 1,812 1,608