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SEB posts rising profit, sets new capital targets
2015-01-29 08:40:40| Appliances - Topix.net
Skandinaviska Enskilda Banken AB Thursday set out new capital targets, raised its dividend and reported a 35% rise in fourth quarter net profit, driven by higher fee and commission income and lower credit losses. Net profit at the Stockholm-based bank rose to 5.69 billion Swedish kronor in the three months ending Dec. 31, up from 4.22 billion kronor in the year-earlier quarter.
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SEB profit surges on higher income, one-off gains
2014-10-23 10:50:34| Appliances - Topix.net
Swedish lender Skandinaviska Enskilda Banken AB Thursday reported a 46% surge in third-quarter net profit on higher net interest income and one-time gains, but cautioned that a more subdued business climate is starting to weigh on credit demand. Net profit at the Stockholm-based bank rose to 5.47 billion Swedish kronor on a 9% increase in net interest income to 5.17 billion kronor and 2.18 billion kronor in net other income, stemming from one-time capital gains from the sale of shares in MasterCard Inc. and a number of closed venture capital deals.
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Sweden's SEB Posts 10% Rise in Profits
2014-07-14 10:27:29| Appliances - Topix.net
Skandinaviska Enskilda Banken AB cautioned that tougher regulatory requirements for Swedish banks could weigh on economic growth as it reported a 10% rise in second-quarter net profit amid higher loan volumes.
SEB and Nordea have executed sale of Outokumpu shares on behalf of ThyssenKrupp
2014-03-01 09:20:45| Steel - Topix.net
The sale has been executed in Nasdaq OMX Helsinki and consists of two consequent transactions; one between ThyssenKrupp and Banks and one between Banks and investors purchasing the shares.
SEB Proposes to Raise Dividend by 45 Percent as Profit Increases
2014-02-06 08:51:33| Appliances - Topix.net
SEB AB , the second-largest bank in the Baltic countries, proposed increasing its dividend to shareholders by 45 percent after fourth-quarter profit rose.
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