Skandinaviska (OTCMKTS:SVKEF) Enskilda Banken AB (publ), trading as SVKEF on the OTC market, is a leading Nordic financial services group headquartered in Stockholm, Sweden. Established in 1856 by industrialist André Oscar Wallenberg, the company has evolved into a full‐service bank offering a broad suite of products and services to corporate, institutional, and private clients. With a strong heritage in merchant banking, SEB combines historical expertise with modern digital solutions to serve customers across a diverse range of industries.
The bank’s core operations encompass corporate and investment banking, private banking, wealth management, and retail banking. SEB delivers customized financing, advisory, and transaction banking services to large corporations and financial institutions, while its private banking division provides wealth planning, investment management, and estate services for high‐net‐worth individuals. In the retail segment, SEB offers everyday banking products such as deposit accounts, mortgages, consumer loans, insurance, and payment solutions through both digital channels and an extensive branch network.
SEB has a pronounced presence throughout the Nordic and Baltic regions, with significant business activities in Sweden, Denmark, Norway, Finland, Estonia, Latvia, and Lithuania. The bank also maintains strategic offices in key financial centers, including Germany, the United Kingdom, Luxembourg, and the United States, supporting its international corporate and institutional client base. SEB’s global network is complemented by partnerships and alliances that enhance its cross‐border payment, trade finance, and asset management capabilities.
Governance at SEB is overseen by a board chaired by Marcus Wallenberg, a descendant of the founding family, and the executive team is led by President and CEO Jens Henriksson. Under their stewardship, SEB emphasizes sustainable finance, digital innovation, and strong risk management. The bank’s long‐term strategy focuses on enhancing customer experience, expanding its digital offerings, and supporting the transition to a low‐carbon economy through responsible lending and investment practices.
