Skandinaviska Seb Comments On The Swedish Financial Supervisory Authority's Review

Date : 12/18/2019 @ 7:40AM
Source : Dow Jones News
Stock : FTSE 100 Index (UKX)
Quote : 7457.02  75.01 (1.02%) @ 4:35PM
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Skandinaviska Seb Comments On The Swedish Financial Supervisory Authority's Review

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TIDMSEBA 
 
 
 
 
Press release 
 Stockholm 18 December 2019 
 
 
   SEB comments on the Swedish Financial Supervisory Authority's review 
 
   As part of its ongoing supervisory review, the Swedish Financial 
Supervisory Authority has informed that it is initiating a sanction 
evaluation process regarding SEB AB's internal control and governance of 
its subsidiary banks in the Baltics. 
 
   The bank has not received the Financial Supervisory Authority's 
preliminary assessment that has led to the evaluation. SEB works in full 
transparency with the Financial Supervisory Authority. 
 
 
 
 
For further information, please 
 contact 
 Frank Hojem, Head of Corporate 
 Communication 
 +46 70 763 99 47 
 frank.hojem@seb.se 
 
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, 
 Germany and UK 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 30 September 2019, the Group's total assets amounted 
 to SEK 3,046bn while its assets under management totalled SEK 
 1,943bn. The Group has around 15,000 employees. Read more about 
 SEB at http://www.sebgroup.com http://www.sebgroup.com. 
------------------------------------------------------------------------ 
 
 
 
   Attachment 
 
 
   -- 49 191218 Press release SEB comments on the Swedish Financial Supervisory 
      Authority's review 
      https://ml-eu.globenewswire.com/Resource/Download/3ca7e841-2b28-4ee7-be50-4534bd9792ca 
 
 
 
 
 
 
 

(END) Dow Jones Newswires

December 18, 2019 02:25 ET (07:25 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.
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