Press

For the third consecutive year, SEB is included as the only Nordic bank in the Dow Jones Sustainability Index, the world's most recognized investor sustainability rating.

SEB’s investment experts recommend a neutral allocation between equities, fixed-income and alternative investments. This is a slight change away from equities compared to the previous issue in May.

SEB’s economists are sticking to an optimistic forecast in which global GDP will increase by about 4 per cent yearly in 2018 and 2019, followed by a mild deceleration in 2020. 

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.