Swedbank AB · Stockholm Sweden ·(Pink Sheets: SWDBY)(OMX Stockholm: SWEDA)
Company Description
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From Scandinavia to the Baltics, one common denominator might be the institution with which people entrust their money. Swedbank serves nearly 10 million customers in Sweden and the Baltic countries, with a growing international presence in countires such as Japan, Russia, and Spain. Swedbank offers the usual banking staples -- checking, savings accounts, credit cards, electronic banking, and loans -- but also runs the gamut from investment business in the commodity, stock, and money markets to real estate brokerage and life insurance. The bank originated in 1997 when Föreningsbanken and Sparbanken Sverige merged. In 2005 it acquired Hansabank, Estonia's largest bank. To read the full description, subscribe now.
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Swedbank AB Executives
25 executives listed for Swedbank AB's Stockholm, location.
| Title | Name & Bio | Contact |
| Chairman | Carl Stålberg | Network |
| Deputy Chairman | Ulrika Francke | Network |
| CEO | Michael Wolf | Network |
Competition
Competitive Landscape for Swedbank AB
Demand is related to consumer income and commercial business activity. When the economy grows, so does the demand for personal and business insurance. When the economy contracts, as it did in the late 2000s, demand for insurance falls. The profitability of individual agencies depends on effective marketing, client referrals, and customer service. Large agencies have advantages in name recognition, connections with more insurers, and the ability to craft more complex insurance packages. Although small agencies formerly competed by specializing in a specific product line, they are increasingly diversifying to build business. Average annual revenue per employee is around $200,000. To read the full description, subscribe now.Top Swedbank AB Competitors
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