"Our goal is that our customers perceive SEB to be the best and most innovative trade finance bank in the region. SEB's strength is to be able to demonstrate the large savings and efficiency potentials in the companies current trade finance processes. These kinds of awards are evidence that the changes we make are appreciated by the market. We still have a long way to go before we are satisfied, but we are definitely moving in the right direction," says Lars Millberg, Global Head of Trade Finance.
The survey was based on input from industry analysts, corporate executives and technology experts who identified the best trade finance providers in 68 countries or regions. Criteria for choosing the winners included transaction volume, scope of global coverage, customer service, competitive pricing and innovative technologies.
SEB is a North European financial group serving some 400,000 corporate customers and institutions and five million private individuals. SEB offers universal banking services in Sweden, Germany and the Baltic countries - Estonia, Latvia and Lithuania. It also has local presence in the other Nordic countries, Poland, Ukraine and Russia and a global presence through its international network in another ten countries. On 30 September 2008, the Group's total assets amounted to SEK 2,416bn (~EUR 237bn) while its assets under management totalled SEK 1,244bn (~EUR 122bn).The Group has about 22,000 employees. Read more about SEB at www.sebgroup.com
For further information, please contact:
Lars Millberg, Global Head of Trade Finance, +46 8 763 85 46