Press

An independent judging panel for the PRI Awards 2020 has selected SEB Investment Management for its shortlist in the ESG incorporation initiative of the year category.

SEB is investing in London-based fintech company Thought Machine, the provider of a cloud-native core banking platform, as it raises an additional 42 million US dollars.

SEB provides its assessment of a decision by Sweden's FSA to issue remarks and a fine regarding the bank's routines and processes to counter money laundering in its Baltic subsidiary banks.

The operating profit before items affecting comparability for the second quarter 2020 amounted to SEK 5.6bn with a return on equity of 11.2 per cent and a Common Equity Tier 1 capital ratio of 17.8 per cent.

SEB is one of five banks with a mandate to execute the sale of Sweden’s first sovereign green bond of approximately SEK 20 billion kronor. 

On July 9, SEB Investment Management, alongside other international institutional investors, was invited to a meeting with the Government and Central Bank of Brazil.

SEB has together with Credit Agricole CIB arranged the issuance of a vaccine bond of  2 billion Norwegian kroner. The money will be used to accelerate the development of a covid-19 vaccine.

SEB's Microfinance Funds and the bank's Impact Opportunity Fund have invested 1.3 billion Sri Lankan rupees (7 million US dollars) in their first green bond.

How does SEB view the criticism from the Swedish Financial Authority? Here are questions and answers on the decision. 

SEB has served as a structural adviser for the global mobility company Daimler in the creation of a green financing framework.