SEB Group

Skandinaviska Enskilda Banken AB (abbreviated as SEB ) is an international banking group based in Stockholm. It works mainly in the Nordic and Baltic countries. It does insurance and leasing as well as banking.

It was started by the Swedish Wallenberg family. In 1972, Stockholms Enskilda Bank (established in 1856 by André Oscar Wallenberg) and Skandinaviska Banken (established in 1864) merged to form SEB.

In 2021 its customers were 2,000 large corporations and 1,100 financial institutions, 400,000 small and medium-sized enterprises (SMEs) and about 4 million private individuals.

Subsidiaries

• Skandinaviska Enskilda Banken A/S (Denmark)
• SEB Pank (Estonia)
• DSK Hyp (formerly SEB AG) (Germany)
• SEB banka (Latvia)
• SEB bankas (Lithuania)
• SEB Corporate Bank (Ukraine)
• SEB Bank (Russia)
• SEB SA (Luxembourg)