01 Oct 2009 11:49

SEB: Restatement due to the formation of the new Baltic division

As from today, 1 October, restated quarterly figures for SEB's divisions are available on www.sebgroup.com/IR. The restatement is an effect of the consolidation of SEB's retail operations and loans in the Baltic countries within a separate division. The financial reporting for the new Baltic division started as of 1 July 2009.  
 
SEB has now five divisions: Merchant Banking, Retail Banking (Sweden, Germany, and Cards), Wealth Management, Life and Baltic (Estonia, Latvia and Lithuania).
 
SEB's interim report for January-September 2009 will be published on 21 October, at 07:30 (CET).
 
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 major financial centers. On 30 June 2009, the Group's total assets amounted to SEK 2,374bn (~EUR 220bn) while its assets under management totalled SEK 1,267bn (~EUR 120bn).The Group has about 20,500 employees. Read more about SEB at www.sebgroup.com.
 
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For further information, please contact:
Ulf Grunnesjö, Head of Investor Relations, +46 8-763 85 01, +46 70-763 85 01