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Swedbank AS (Latvia)

Main Activities: Commercial Banking
Full name: Swedbank AS Profile Updated: January 15, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English & Russian Download a sample report

Swedbank AS is a bank located in Riga, Latvia. It is the largest bank in the country and serves nearly 1 million individuals and 75,000 businesses. The bank plays a significant role in the economic and regional development of Latvia. Swedbank offers a wide range of financial services and ensures continuous availability of these services through its modern consultation center and extensive branch and ATM network. The bank operates with the goal of promoting sustainable welfare for households and enterprises. Swedbank values simplicity, openness, and care in its day-to-day operations. It provides customers with 24-hour access to their money and other services through phone, internet, and a mobile app. With over 360 ATMs and more than 20 branches throughout Latvia, customers can easily withdraw cash and receive banking consultations.

Headquarters
Balasta dambis 15
Riga; Riga; Postal Code: 1048

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Website: http://www.swedbank.lv

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
May 14, 1992
Key Executives
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Chairman of the Board
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Financial Manager
Ownership Details
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100%
Subsidiaries
HL Lizings SIA
100%
Swedbank Ipasumi SIA
100%
Swedbank atklatais pensiju fonds AS
100%
Company Performance
Financial values in the chart are available after Swedbank AS report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency EUR. Absolute financial data is included in the purchased report.
Net interest income
15.07%
Net fee and commission income
4.15%
Operating profit (EBIT)
14.97%
Net Profit (Loss) for the Period
-14.8%
Total assets
11.38%
Total equity
-2.53%
Total Assets Trend
0.13%
Net Interest Income Trend
-272.05%
Cost to Income Ratio
-1.53%
Loans to Deposits Ratio
-15531.93%
Loans to Asset Ratio
-0.63%

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