publicly traded aktiebolag traded as nasdaq stockholm seb a industry financial services predecessor stockholms enskilda bank established in 1856 skandinaviska banken established in 1864 founded 1972 ; 44 years ago 1972 headquarters stockholm sweden key people annika falkengren president and ceo marcus wallenberg chairman products retail banking merchant banking wealth management life insurance pensions revenue sek 46.94 billion 2014 1 operating income sek 23.35 billion 2014 1 profit sek 19.219 billion 2014 1 aum sek 1.708 trillion end 2014 1 total assets sek 2.614 trillion end 2014 1 total equity sek 134.54 billion end 2014 1 owner investor ab 20 % number of employees 15 714 fte end 2014 1 website www.sebgroup.com seb s corporate headquarters at kungstr dg rden 8 in stockholm skandinaviska enskilda banken ab swedish pronunciation skand n v ska e n lda ba k n scandinavian individual bank abbreviated seb is a swedish financial group for corporate customers institutions and private individuals with headquarters in stockholm . its activities comprise mainly banking services but seb also carries out significant life insurance operations and also owns eurocard . the bank was founded and is controlled by the swedish wallenberg family through their investment company investor ab . contents 1 history 2 business 3 corporate social responsibility 4 subsidiaries 5 references 6 external links 6.1 data history edit in 1972 stockholms enskilda bank established in 1856 by andr oscar wallenberg and skandinaviska banken established in 1864 merged to form seb . reasons for the merger included creating a bank better positioned to serve corporate clients and to fend off competition from major international banks . seb acquired swedish insurance company trygg hansa in 1997 and integrated its life insurance activities . the property and casualty insurance portion of trygg hansa was later sold . in 1998 the company changed its logo and brand name from se banken to seb . at the end of that same year seb bought its first shares of the three baltic banks eesti hispank estonia latvijas unibank latvia and vilniaus bankas lithuania . 2 in 2000 seb acquired germany s bank f r gemeinwirtschaft bfg and the remaining parts of the three baltic banks . 3 in early 2001 the company announced plans for a merger with the f reningssparbanken now swedbank which was called off when the european commission demanded major concessions for its approval . after several years of weak profitability seb sold its german retail banking operations to spain s banco santander in january 2011 . 4 seb sold its retail banking operations in ukraine to eurobank group in june 2012 . 5 business edit in sweden and the baltic countries seb is a universal bank offering financial advice and a wide range of financial services to all customer segments . in denmark finland norway and germany the bank s operations have a strong focus on a full service offering to corporate and institutional clients . seb also have branches or representative offices in new york s o paulo london luxembourg geneva warsaw moscow st petersburg kiev beijing shanghai hong kong singapore and new delhi . seb serves 3 000 corporate and institutional customers 400 000 small and medium sized enterprises smes and more than 4 million individuals . 6 since january 2016 the company is operating through four business divisions ; large corporates & financial institutions corporate & private customers life & investment management and baltic . 6 corporate social responsibility edit since 2009 seb has published a separate corporate sustainability report in line with global reporting initiative gri guidelines . 7 seb is also committed to global initiatives such as the united nation s global compact the principles for responsible investments and the equator principles . 8 since 2011 seb has published sector policies for the renewable energy arms & defence shipping mining & metals fossil fuel and forestry industries . in addition the company has position statements regarding climate change freshwater and child labour . 6 subsidiaries edit skandinaviska enskilda banken a s 1 denmark seb pank 2 estonia seb ag 3 germany seb banka 4 latvia seb bankas 5 lithuania seb corporate bank ukraine seb bank 6 russia seb sa 7 luxembourg references edit a b c d e f g annual accounts 2014 pdf . seb . retrieved 5 march 2015 . annual report 1998 pdf . seb s annual report 1998 . skandinaviska enskilda banken ab . retrieved 20 january 2015 . annual report 2000 pdf . seb s annual report 2000 . skandinaviska enskilda banken ab . retrieved 20 january 2015 . seb completes sale of german retail banking business to banco santander . seb press release jan 31 2011 . skandinaviska enskilda banken . retrieved 4 april 2014 . seb completes sale of ukrainian retail business . seb press release june 8 2012 . skandinaviska enskilda banken ab . retrieved 4 april 2014 . a b c sebgroup.com . corporate website . retrieved 4 january 2016 . global reporting initiative gri index pdf . cs report 2009 . skandinaviska enskilda banken ab . retrieved 20 january 2015 . seb s corporate sustainability report 2013 pdf . cs report 2013 . skandinaviska enskilda banken ab . retrieved 20 january 2015 . external links edit official website data edit yahoo skandinaviska enskilda banken ab company profile companies portal v t e omx stockholm 30 companies of sweden abb alfa laval assa abloy astrazeneca atlas copco boliden electrolux ericsson getinge hennes & mauritz investor ab kinnevik lundin petroleum modern times group nokia nordea sandvik sca seb securitas skanska skf ssab svenska handelsbanken swedbank swedish match tele2 teliasonera volvo v t e members of euro banking association austria allgemeine sparkasse oberosterreich bank f r tirol und vorarlberg ag bks bank ag erste group bank ag oberbank ag oesterreichische nationalbank raiffeisen zentralbank sterreich ag raiffeisenlandesbank ober sterreich ag raiffeisen landesbank tirol ag steierm rkische bank und sparkassen ag belgium dexia bank nv kbc bank nv bank van de post cyprus bank of cyprus hellenic bank denmark amagerbanken a s arbejdernes landsbank a s danske andelskassers bank a s danske bank a s diba bank a s djurslands bank a s jyske bank a s nordjyske bank a s n rresundby bank stjydsk bank a s ringk bing landbobank roskilde bank a s skjern bank spar nord bank sparekassen sj lland sydbank a s vestfyns bank a s vestjysk bank finland aktia bank plc bank of land plc pohjola bank plc s bank ltd. tapiola bank ltd france banque michel inchausp bami banque palatine bnp paribas sa bpce bred banque populaire cr dit agricole sa cr dit coop ratif cr dit du nord cr dit mutuel ark a credit mutuel cic banque hsbc france la banque postale natixis soci t g n rale germany berenberg bank bhf bank bremer landesbank commerzbank ag deutsche bank ag deutsche bundesbank deutsche postbank dz bank ag europe arab bank frankfurt hamburger sparkasse ag j.p. morgan chase bank ag landesbank baden w rttemberg landesbank berlin holding landesbank hessen th ringen oldenburgische landesbank secb swiss euro clearing bank gmbh the bank of new york mellon frankfurt branch vtb bank deutschland ag greece alpha bank sa eurobank ergasias sa national bank of greece sa piraeus bank sa hungary magyar nemzeti bank otp bank fhb mortgage bank merkantil bank kereskedelmi s hitelbank magyar takar ksz vetkezeti bank mkb bank porsche bank hungaria kinizsi bank magnet bank hanwha bank budapest hitel s fejleszt si bank ireland allied irish banks bank of ireland italy banca agricola popolare di ragusa banca del fucino banca del piemonte banca delle marche banca di imola banca monte dei paschi di siena banca nazionale del lavoro banca popolare del lazio banca popolare dell emilia romagna banca popolare di milano banca popolare di sondrio banca popolare di vicenza banca sella banca tercas banco popolare cassa di risparmio della provincia di chieti cassa di risparmio di cesena cassa di risparmio di fermo nuova cassa di risparmio di ferrara cassa di risparmio di loreto cassa di risparmio di ravenna credito emiliano credito valtellinese iccrea banca intesa sanpaolo istituto centrale delle banche popolari italiane raiffeisen landesbank s dtirol cassa centrale raiffeisen dell alto adige s dtiroler volksbank banca popolare dell alto adige ubi banca unicredit veneto banca luxembourg banque et caisse d pargne de l tat banque raiffeisen banque internationale luxembourg sa kbl european private bankers soci t g n rale bank & trust netherlands abn amro bank nv de nederlandsche bank ing bank nv rabobank nederland poland bank bph sa narodowy bank polski portugal banco bpi sa banco comercial portugu s cr dito agr cola caixa geral de dep sitos novo banco slovenia banka slovenije spain banco bilbao vizcaya argentaria s.a. banco popular espa ol s.a. banco sabadell s.a. bankinter s.a. banco santander s.a. caixabank s.a. la caixa catalunya banc s.a. catalunyacaixa kutxabank s.a. abanca corporaci n bancaria s.a. abanca caja laboral popular cooperativa de cr dito caja laboral banco cooperativo espa ol s.a. caja rural cecabank s.a. sweden skandinaviska enskilda banken svenska handelsbanken swedbank ab nordea bank ab united kingdom bank of tokyo mitsubishi ufj ltd. barclays bank plc citibank na dnb bank nor hsbc bank plc jpmorgan chase bank n.a. london branch kookmin bank international ltd. lloyds bank plc mashreqbank psc uae royal bank of scotland plc ubs ag wells fargo bank na non eu bank of china chn authority control worldcat identities viaf 132524225 lccn n80119864 isni 0000 0004 0623 9135 selibr 128444 nla 35503121 retrieved from https en.wikipedia.org w index.php title seb bank & oldid 743081485 categories banks of swedenbanks of denmarkbanks of germanycompanies related to the wallenberg familycompanies established in 19721972 establishments in swedenswedish brandscompanies based in stockholmcompanies listed on the stockholm stock exchangehidden categories wikipedia articles with viaf identifierswikipedia articles with lccn identifierswikipedia articles with isni identifierswikipedia articles with selibr identifierswikipedia articles with nla identifiers navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version in other projects wikimedia commons languages e tinadanskdeutscheestiespa ol fran aisbahasa indonesia slenskaitaliano latvie ulietuvi nederlandsnorsk bokm lpolskiportugu s sloven inasuomisvenska edit links this page was last modified on 7 october 2016 at 17 56 . text is available under the creative commons attribution sharealike license ; additional terms may apply . by using this site you agree to the terms of use and privacy policy . wikipedia is a registered trademark of the wikimedia foundation inc. a non profit organization . privacy policy about wikipedia disclaimers contact wikipedia developers cookie statement mobile view