Skandinaviska Enskilda Banken AB

Skandinaviska Enskilda Banken AB

Community score

+0.04 -55
Industry: Commercial Banks
Listing country: Sweden
Year added: 2022

Skandinaviska Enskilda Banken AB, with its main brand being SEB, is a financial institution with a rich history dating back to 1856. The bank, which originated as Stockholms Enskilda Bank, has established its headquarters in Stockholm, Sweden. The business operations of SEB are divided into several key segments, which include services for Corporate and Private Customers, Large Corporates and Financial Institutions, and offerings in the Baltic region. In addition to these, the bank places significant focus on Life and Investment Management, encompassing wealth management services. SEB has a prominent presence in the Nordic and Baltic countries, particularly with Sweden as its foundational market. Its products and services have found importance in other countries such as Norway, Denmark, Finland, and Germany. Beyond these regions, SEB extends its offerings to global markets, including the United Kingdom, China, and the United States, thereby catering to a diverse clientele with varied financial needs and goals. (Powered by AI)

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Skandinaviska Enskilda Banken AB

Although access to credit boosts economic growth in the short term, the associated value of such credits fades in the medium term, increasing the "odds of a financial crisis"1. Consumer credit in Sweden reached EUR169 billion (Bn) in 20222;p8, whi...

S Chandrakant Reddy S. April 23rd, 2024
14 ratings
Skandinaviska Enskilda Banken AB

About 90% of Nordic start-ups fail1. Start-ups in the Nordic region often grapple with limited access to funding, financial illiteracy, market entry barriers, etc2;p13,14,15. In the Nordic regions, a lack of dedicated financial literacy programs f...

Gift O. March 22nd, 2024
20 ratings
Skandinaviska Enskilda Banken AB

Purchasing a house is sometimes regarded as the first step toward financial independence and the creation of long-term, intergenerational wealth1. A mortgage, also known as a home/housing loan, is a loan that enables an individual to purchase or m...

Christopher C. March 4th, 2024
22 ratings
Skandinaviska Enskilda Banken AB

An average of 6 billion (Bn) payment cards, most of which contain polyvinyl chloride (PVC), are produced each year1. PVC is one of the most hazardous plastics whose production and disposal release chlorine-based chemicals that are toxic2. Plastic ...

Toluwalope T. January 15th, 2024
10 ratings
Skandinaviska Enskilda Banken AB

Greenhouse gas (GHG) emissions result in global temperature rise, climate change, and other effects on the environment1. In 2021, global GHG emissions amounted to 40.8 billion (Bn) tonnes (t) of CO2e2. It is predicted that within the next few deca...

Q A. December 28th, 2023
20 ratings
Skandinaviska Enskilda Banken AB

To ensure strong institutions and the well-being of society, governments spend a considerable amount of the state's budget on public goods and services, which are funded by taxes paid by individuals and corporations1. On average, the statutory cor...

Rebecca L. November 23rd, 2023
12 ratings
Skandinaviska Enskilda Banken AB

In 2022, around 3.4 Bn people were employed worldwide representing almost 43% of the global population1. Job creation is crucial for society, as well as for the economy2. Employment reduces poverty and provides social protection for employees and ...

Feyisayo Favour F. October 26th, 2023
20 ratings
Skandinaviska Enskilda Banken AB

ILO deciphers 40-60% representation of any gender to attain gender balance in any organization1;pxii. Increasing women's representation helps them economically support their families and increase their labor market share2. Women represent about 46...

Ifeoluwa I. October 20th, 2023
20 ratings
Skandinaviska Enskilda Banken AB

Financial institutions play a key role in financing the energy transition1;p4. Energy production accounts for 72% of carbon emissions2, while fossil fuel emissions remain the primary cause of global warming3. Since 2015, USD3.6 trillion has been i...

Emmanuel C. February 22nd, 2023
26 ratings
Skandinaviska Enskilda Banken AB

The private sector is composed of for-profit businesses that are not State-controlled1. Businesses benefit local economies by boosting employment & tax income for governments2. Micro & SMEs form the largest business sector in most economies in the...

Kanak _. June 20th, 2022
16 ratings

Most negative / positive SDG

+3.38
-3.17