Awards for Excellence 2009: Sweden

Best bank: SEB Best Investment bank: SEB Enskilda

SEB, founded as one of the traditional leading merchant banks that served Swedish industry, has grown increasingly strong market positions in private banking, asset management and retail banking in its home market.

In the 12 months under review, the bank added 10,000 new small and medium-sized enterprises as customers, bringing it up to 400,000 SME customers. This has shown up in the bank’s financial results, boosting its net interest income, which was also bolstered by higher volumes of lending and deposits of Swedish households.