Sweden

SEB, a regular winner of this award, certainly did not rest on its laurels in 2023, posting strong financial results and was able to boast a host of developments across its franchises. For its consistently dominant performance, it is once again Sweden’s best bank.

Best bank: SEB

SEB, a regular winner of this award, certainly did not rest on its laurels in 2023, posting strong financial results and was able to boast a host of developments across its franchises. For its consistently dominant performance, it is once again Sweden’s best bank.

Revenues rose 24% in 2023, with pre-provision profit up 34%. Provisions actually fell year on year, something that bucked the broader trend in Europe, and reflects the steady strengthening of the bank’s loan book in recent years.

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