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SEB publishes changes to the presentation of financial statements 2022–2023

SEB publishes comparative figures for the years 2022 and 2023 to reflect that Income statements will be presented with absolute values. The changes mainly impact Expenses, Net expected credit losses and Imposed levies. 

The additional information in the Net financial income table has been broadened. The previous valuation adjustments relating to counterparty risk (CVA) and own credit standing (DVA) have been complemented with adjustments relation to funding (FVA) and collateral (ColVa). 

The division Large Corporates & Financial Institutions’ lending and deposit volumes have been adjusted for collateral margin. 

The division Investment Management has changed name to division Asset Management.