SEB top ranked by Euromoney - winner of four ca...
In the financial publication Euromoney's Awards for Excellence 2008
SEB has won four awards - two awards for the Nordic and Baltic region
and two country awards.
SEB was ranked no. 1 in the following categories:
* Best Bank in Sweden
* Best Investment Bank in Sweden
* Best Mergers &Acquisition House in the Nordic & Baltic region
* Best at Cash Management in the Nordic & Baltic region
SEB won this year's award as Best Bank in Sweden based on the banks
ability to grow increasingly strong market positions in private
banking, asset management and retail banking, in addition to its
leading merchant banking activities, in its home market.
According to Euromoney, the award for best Investment Bank in Sweden
was given to SEB as it has been the driving force in Swedish
corporate consolidation this year, advising on 14 M&A deals, 10 of
which were cross-border. As well as being a driving force in
capital-raising, ranked second in the equity market league table.
SEB's position as best investment bank was also reconfirmed by for
the second consecutive time receiving Euromoney's award for Best
Mergers & Acquisitions House for the Nordics and Baltics.
Euromoney's award for best cash management bank in the Nordic and
Baltic region was won by SEB for the sixth consecutive year. The
motivation for this year's win was SEB's achievement of strong volume
growth despite the challenging past 12 months, and the largest
integrated cash management network in Europe.
SEB is a North European financial group serving some 400,000
corporate customers and institutions and five million private
individuals. SEB offers universal banking services in Sweden, Germany
and the Baltic countries - Estonia, Latvia and Lithuania. It also has
local presence in the other Nordic countries, Poland, Ukraine and
Russia and a global presence through its international network in
major financial centers. On 31 March 2009, the Group's total assets
amounted to SEK 2,460bn (~EUR 225bn) while its assets under
management totalled SEK 1,187bn (~EUR 108bn).The Group has about
21,000 employees. Read more about SEB at www.sebgroup.com.
_____________________________________________________________
For further information, please contact:
Press contact Elisabeth Lennhede, tel. +46-70-763 99 16
This announcement was originally distributed by Hugin. The issuer is
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