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SEB full year 2015 - operating profit SEK 20,865m (23,348) Fourth quarter 2015 - operating profit SEK 5,505m (6,557)

The full year operating profit was SEK 20.9bn (23.3) and a return on equity of 12.2 per cent. Excluding one-time items amounting to SEK 0.9bn, the operating profit was SEK 21.8bn and the return on equity was 12.9 per cent.

"In an exceptional year with high volatility and negative interest rates we have continued to support our customers. The shifting market environment impacted customer behaviours and spurred demand for hedging products and the IPO market saw record activity, says Annika Falkengren, SEB's President and CEO, commenting on the full year results."

Operating income in the fourth quarter amounted to SEK 11.4bn, an increase of 2 per cent compared to the last quarter 2014 (excluding one-time items). Operating expenses decreased by 4 per cent to SEK 5.6bn. Operating profit in the quarter amounted to SEK 5.5bn.

Asset quality remained high. The net credit loss level was 6 basis points during the quarter and in 2015, 3 basis points better compared to 2014. The liquidity coverage ratio was 128 per cent (115). The Common Equity Tier 1 capital ratio was further strengthened to 18.8 per cent (16.3).

The Board of Directors proposes a dividend of SEK 5.25 per share (4.75) for 2015.

Download Annika Falkengren's presentation here:

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For further information, please contact

Jan Erik Back, CFO, +46 8 22 19 00

Jonas Söderberg, Head of Investor Relations, +46 8 763 83 19; +46 73 521 02 66

Viveka Hirdman-Ryrberg, Head of Corporate Communication, +46 8 763 85 77, +46 70 550 35 00
SEB is a leading Nordic financial services group. As a relationship bank, SEB in Sweden and the Baltic countries offers financial advice and a wide range of financial services. In Denmark, Finland, Norway and Germany the bank's operations have a strong focus on corporate and investment banking based on a full-service offering to corporate and institutional clients. The international nature of SEB's business is reflected in its presence in some 20 countries worldwide. At 31 December 2015, the Group's total assets amounted to SEK 2,496bn while its assets under management totalled SEK 1,700bn. The Group has around 15,500 employees. Read more about SEB at http://www.sebgroup.com.