SEB's annual reporting published
(Thomson Reuters ONE) -
SEB's annual report, sustainability report, and report on capital adequacy and
risk management are now available on the bank's website.
In many ways, 2016 will be remembered as the year of unexpected events. The
unconventional monetary policy with negative interest rates became even more
negative, and already massive quantitative easing was increased. At the global
level, there were many signs of increased protectionism in the wake of growing
social imbalances. Geopolitical tensions rose and the major political events had
unexpected outcomes. Volatile markets affected customer behaviour. Demand for
advisory and risk management services was high.
The business environment turned more positive towards the end of the year, and
the number of business transactions increased. Both in Sweden and the Baltic
region, small and medium-sized enterprises willingness to invest increased.
Customers appreciated the bank's holistic offering in long-term savings, where
even traditional life insurance is included. SEB's three-year plan is based on
Vision 2025 - the bank's strategy, vision and purpose. 2016 was the plan's first
year, and focus on world-class service, digitisation and growth in areas of
strength are described in the annual report.
SEB has an important role when it comes to the development towards a more
sustainable society, and is the only Nordic bank that is included in the Dow
Jones Sustainability Index. SEB has been a pioneer in the development of green
bonds and is one of the largest managers of microfinance funds in Europe.
Most of SEB's equity mutual funds are managed with positive selection of
companies working in a sustainable way. After having reduced CO2 emissions by
54 percent between 2008 to 2015, SEB has set a new goal of reducing the banks
CO2 footprint by 20 per cent in 2020. The description of SEB's work and ambition
to create value by integrating sustainability into business operations can be
found in the sustainability report.
The report on capital adequacy and risk management describes the bank's current
risk position in terms of the greatest risks, how risks are managed and
measured, and provides information on the bank's capital position and capital
adequacy.
Download the reports here:
https://sebgroup.com/investor-relations/reports-and-presentations/financial-
reports
For further information, please contact
Viveka Hirdman-Ryrberg, Head of Corporate Communication,
08-763 85 77; 070-550 35 00
Jonas Söderberg, Head of Investor Relations, 08-763 83 19; 073-521 02 66
Marie Baumgarts, Head of Sustainability, 070-763 7904
+------------------------------------------------------------------------------+
| This is information that Skandinaviska Enskilda Banken AB (publ.) is obliged |
|to make public pursuant to the EU Market Abuse Regulation. The information was|
| submitted for publication, through the agency of the contact persons set out |
| above, at 08.30 am CET, on 7 March, 2017. |
+------------------------------------------------------------------------------+
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SEB is a leading Nordic financial services group with a strong belief that
entrepreneurial minds and innovative companies are key in creating a better
world. SEB takes a long term perspective and supports its customers in good
times and bad. In Sweden and the Baltic countries, SEB offers financial
advice and a wide range of financial services. In Denmark, Finland, Norway and
Germany the bank's operations have a strong focus on corporate and investment
banking based on a full-service offering to corporate and institutional
clients. The international nature of SEB's business is reflected in its
presence in some 20 countries worldwide. At 31 December 2016, the Group's
total assets amounted to SEK 2,621 billion while its assets under management
totalled SEK 1,781 billion. The Group has around 15,300 employees. Read more
about SEB at www.sebgroup.com
Press release (PDF):
http://hugin.info/1208/R/2085342/786366.pdf
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: SEB via GlobeNewswire
Unternehmensinformation / Kurzprofil:
Datum: 07.03.2017 - 08:30 Uhr
Sprache: Deutsch
News-ID 528539
Anzahl Zeichen: 4941
contact information:
Town:
STOCKHOLM
Kategorie:
Business News
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