SEB
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SEB (STO:SEBA) SEB has decided to reclassify SEK 99bn of its fixed-income securities as loans and receivables with effect from July 1. The reclassification includes SEK 13bn of assets held-for-trading and SEK 86bn of assets in the available-for-sale category.
SEB (STO:SEBA) The World Bank today announced a partnership with SEB and several key Scandinavian institutional investors to introduce a "World Bank green bond" to raise funds for projects seeking to mitigate climate change or help affected people adapt to it.
SEB (STO:SEBA) SEB's operating profit for the third quarter of 2008 amounted to SEK 2,010m, a decrease of 43 per cent compared with the previous quarter and down by 46 per cent compared with the third quarter of last year.
SEB (STO:SEBA) On Thursday, October 23, at 07:00 (Swedish time) SEB's third quarter 2008 results will be announced. In addition presentations and an extensive package of Facts & Figures will be available on www.sebgroup.com in conjunction with the events below.
SEB (STO:SEBA) On Thursday, October 23, at 07:00 (Swedish time) SEB's third quarter 2008 results will be announced. In addition presentations and an extensive package of Facts & Figures will be available on www.sebgroup.com in conjunction with the events below.
SEB (STO:SEBA) The resilience of Central and Eastern European in the face of global economic slowdown is on its way towards eroding. Until now, many countries have maintained their growth thanks to vibrant domestic economies. Today, however, pressure on the region's economies has greatly increased as the euro zone has stagnated and the repercussions of the international financial and credit market crisis intensify. SEB's October 2008 issue of Eastern European Outlook adjusts earlier overall growth forecasts downward.
SEB (STO:SEBA) SEB's total credit exposure to banks in Iceland amounts to 19 MSEK, whereof 14 MSEK to Landsbanka Islands HF. In addition SEB has exposure of 295 MSEK to Icelandic owned banks outside Iceland, whereof the largest part, 276 MSEK, to the Norwegian bank BNbank, now Glitnir ASA, and 11 MSEK to the Danish bank FIH, subsidiary of Kaupthing HF. No parts of these exposures are in Icelandic currency. They are disclosed at current foreign exchange and market levels.
SEB (STO:SEBA) In accordance with the decision at Skandinaviska Enskilda Banken's Annual General Meeting on 8 April 2008 the Nomination Committee for the Annual General Meeting 2009 shall consist of one representative for each of the four shareholders, or group of shareholders, controlling the largest number of votes in the Bank who wish to appoint a representative. The names of the representatives shall be published no later than six months prior to the Annual General Meeting.
SEB (STO:SEBA) SEB's own total credit exposure towards the Lehman Brothers Group, which parent company today filed for bankruptcy protection, amounts to EUR 64 million at current foreign exchange and market levels. No part of the exposure is related to shares or subordinated debt issued by Lehman Brothers.
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