Swedbank EN

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Swedbank AB (Swedish pronunciation: [ˈsvɛdbaŋk], [ˈsvɛdbæːŋk] or [ˈswɛdːbæːŋk]) is a Nordic-Baltic banking group based in Stockholm, Sweden, offering retail banking, asset management, financial, and other services. In 2019 Swedbank had 900,000 private and 130,000 corporate clients and a 60% market share of Estonia’s payments.

Swedbank, a leading bank in Lithuania, raised on Tuesday its forecast for the country's GDP growth in 2019 from 3 percent to 3.7 percent, saying the probability of the economy going into a downturn is low in the context of gloomier global projections.

„Verslo žinios“

The Swedish Swedbank banking group has transferred a significant portion of its investment fund and investment portfolio administration services to a branch in Vilnius. To read this article, try a €5.99 monthly subscription by clicking here.