Press

Operating profit for the second quarter 2018 was SEK 10.7bn (5.3). Return on equity was 29.9 per cent (11.6) while return on equity before items affecting comparability was 16.5 per cent (11.6).

SEB's result for the second quarter 2018 will be announced on Tuesday, 17 July, at 07:00 (Swedish time). 

Following the approval by the Danish Competition Council, Konkurrencerådet, on 30 May 2018, and as earlier communicated on 14 December 2017, SEB divests all shares in SEB Pensionsforsikring A/S and SEB Administration A/S (SEB Pension) to Danica Pension Livsforsikringsaktieselskab (Danica), a subsidiary to Danske Bank.

Leading Nordic banks DNB, Danske Bank, Nordea, Handelsbanken and SEB have decided to explore the possible establishment of a Nordic Know Your Customer (KYC) infrastructure. 

In line with our expectations, financial markets have been turbulent so far during 2018. The question is whether this is a first step towards a successively more defensive attitude, or much-needed profit-taking during a continued positive trend.

Swedish CFOs remain optimistic about the future, but the rising trend is slowing somewhat. 

SEB’s economists are sticking to their optimistic forecast, now projecting global GDP growth of about 4 per cent annually in both 2018 and 2019. In Sweden, the economists forecast decelerating growth.

Sara Öhrvall, has been appointed Chief Digital, Customer Experience and Communications Officer and member of SEB's Group Executive Committee.

Operating profit before items affecting comparability for the first quarter 2018 was SEK 5.3bn (6.1). Operating profit for the first quarter 2018 was SEK 5.3bn (4.2).