• Startpage
• 2007 in brief
• This is Swedbank
• Letter from the Chair
• President's statement
• Vision and strategy
• Market shares Sweden
• Market shares Baltic region
• Five-year summary
• Business areas
• Employees
• Sustainable development
• The share and owners
• Board of Directors' report
• Board of Directors and Group Executive Management
• Corporate governance report
• Distribution of earnings
• Annual General Meeting

• Addresses
• Contacts
• Definitions

This is Swedbank

Swedbank’s vision is to be the leading financial institution in the markets in which we are present. Swedbank serves a total of around 9 million private customers and 500,000 corporate customers with 459 branches in Sweden, 299 branches in Estonia, Latvia and Lithuania and 191 branches in Ukraine. The group also has operations in Copenhagen, Helsinki, Kaliningrad, Luxembourg, Marbella, Moscow, New York, Oslo, Shanghai,
St. Petersburg and Tokyo.

Swedish Banking | Baltic Banking | International Banking
Swedbank Markets | Asset Management and Insurance
Shared Services and Group Staffs

		Swedish Banking
Operations		Through its 459 branches, ATMs and telephone and Internet banking services, as well as the cooperation with independent savings banks and partly owned banks, Swedbank offers its 4.5 million Swedish customers unrivalled access to banking services. Swedish Banking has a complete range of financial services for consumers, businesses, organizations, municipalities and county councils. Swedbank is a leader in several important market segments in Sweden.
Markets		Sweden
Volumes		Lending	Deposits
		SEK 867bn	SEK 308bn
Income and profit		Income	Profit for the year
		SEK 17,678m	SEK 6,182m
Customers		Private	Corporate and organizations
		4.1	395,000
Branches		459

		Baltic Banking
Operations		Baltic Banking comprises the group’s operations in Estonia, Latvia and Lithuania, with 5.2 million customers. Operations are conducted under the Hansabank name. Through a comprehensive branch network and telephone and Internet bank, a complete range of products and banking services is offered to consumers and businesses. Hansabank is the market leader in the most important segments of the rapidly growing Baltic markets.
Markets		Estonia, Latvia and Lithuania
Volumes		Lending	Deposits
		SEK 177bn	SEK 102bn
Income and profit		Income	Profit for the year
		SEK 8,773m	SEK 4,322m
Customers		Private	Corporate and organizations
		5.0	219,000
Branches		299

		International Banking
Operations		International Banking comprises Swedbank’s growing international operations outside its home markets of Sweden and the Baltic countries. The long-term objective is to develop at least Ukraine and Russia into geographical home markets. Aside from Ukraine and Russia, the business area includes smaller operations in Luxembourg, Finland, Denmark and Norway as well as the representative offices in Japan and Ukraine.
Markets		Ukraine, Russia, Norway, Denmark, Finland, Spain, Luxembourg and Japan
Volumes		Lending	Deposits
		SEK 34bn	SEK 13bn
Income and profit		Income	Profit for the year
		SEK 1,279m	SEK 268m
Customers		Private	Corporate and organizations
		179,000	19,000
Branches		200

		Swedbank Markets
Operations		Swedbank Markets is Swedbank’s investment bank, offering equity, fixed income and currency trading; project, export and business financing; and corporate finance services. Outside Sweden, Swedbank Markets operates through the subsidiaries First Securities in Norway and Swedbank First Securities in the U.S., as well as the branch offices in Oslo, New York and Shanghai.
Markets		Sweden, Norway, USA and China
Volumes		Lending	Deposits
		SEK 24bn	SEK 27bn
Income and profit		Income	Profit for the year
		SEK 3,557m	SEK 1,010m

		Asset Management and Insurance
Operations		Asset Management and Insurance comprises the subsidiary Swedbank Robur, with operations in fund management, institutional and discretionary asset management, insurance and individual pension savings. Swedbank Robur is Sweden’s largest fund manager. Products are sold and distributed mainly by Swedish Banking and by the savings banks and partly owned banks in Sweden.
Markets		Sweden
Volumes		Assets under management
		SEK 606bn
Income and profit		Income	Profit for the year
		SEK 2,183m	SEK 975m

		Shared Services and Group Staffs
Operations		Shared Services and Group Staffs includes the development and operation of IT systems in Sweden and other shared service functions primarily in Sweden, although increasingly also for other markets as the group’s international presence grows. Treasury, Group Executive Management, Group Staffs and the group’s insurance company, Sparia, are included as well.
Markets		Sweden
Volumes
Income and profit		Income	Profit for the year
		SEK 2,749m	SEK –298m

Facts

Map

Graphs

Income, by business area

Profit for the year, by business area*

Lending, by business area

Employees, by business area