The move is part of SEB’s geographical expansion strategy, which began in 2021, focusing on Austria, Switzerland and the Netherlands. The aim is to deepen relationships with existing clients and attract new ones in the Dutch market.
SEB has already built relationships with several well-known companies in the Netherlands. The bank’s model of long-term client partnerships has proven successful in markets with similar characteristics.
“We are building on the experience we’ve gained in the Netherlands, as well as from our corporate banking operations in Germany and the United Kingdom,” says Andreas Fredriksson, Co-Head of Corporate & Investment Banking. “Our ambition is to grow organically and profitably, using the scalability of our model in a focused and cost-efficient way.”
SEB will focus on companies with firm credit profiles, relevant turnover, and operations in sectors that align with SEB’s sustainability priorities.
“We will take it step by step. Many potential customers already know about SEB and what we stand for in terms of commitment and working long-term,” says Jörgen Sjöström, who will serve as head of the Amsterdam office.