Swedbank

Swedbank and EIF to lend up to EUR 300 million to Baltic businesses and individuals

Swedbank, one of the largest commercial banks in Lithuania, and the European Investment Fund (EIF) will jointly provide up to EUR 300 million in loans to businesses and residents across [..]

Swedbank offering loan to building project in Riga

Swedbank Latvia has announced a loan of EUR 44 million to the Novira Plaza Riga business centre, which is being developed in Riga by the Lithuanian financial services company Evernord’s [..]

Swedbank Latvia posts profit data

Swedbank earned profits of EUR 230 million in Latvia this year, which was EUR 44 million less than a year before, the bank’s media relations manager, Janis Krops, has told [..]

Swedbank agrees to wind farm loan in Lithuania

Swedbank, which is a leading bank in Lithuania, has approved a loan of EUR 20.7 million to the state-owned energy group Ignitis Group with a repayment schedule of seven years. [..]

Former Swedbank CEO convicted in money laundering case

A former chief executive of Swedbank was sentenced on Tuesday to 15 months in prison by a Swedish appellate court for deceiving investors about the bank’s links to a money [..]

Swedbank: Wage growth in Estonia to slow significantly this year

Swedbank estimates that wage growth in Estonia will slow down significantly this year, as the demand for labor has decreased and the poorer economic situation of businesses does not allow [..]

Swedbank: Estonian residents’ desire to work at record high

The desire of residents of Estonia to be in employment is greater than ever since the country restored its independence, Liis Elmik, senior economist at Swedbank Estonia, said in a [..]

Swedbank, SEB lend EUR 20 mln for Teltonika’s electronics assembly plant

Swedbank and SEB Banks have jointly lent 20 million euros, 10 million euro for the construction of an electronics assembly plant in the Teltonika High-Tech Hill technology park in the [..]

Swedbank: Some 38,000 people in Estonia have increased 2nd pillar contributions

During the first half of 2024, almost 38,000 people in Estonia submitted applications to increase their monthly contributions to the second pension pillar from next year. More than half of [..]

Swedbank pays EUR 52.5 mln in bank solidarity levy, SEB pays EUR 34 mln

Swedbank and SEB, two of Lithuania’s largest commercial banks, have paid 52.5 million and 34.1 million euros respectively the bank solidarity levy to the state budget, the two banks said [..]