SEB completes sale of Ukrainian retail business

In accordance with the 18 November, 2011 announcement of the sale of SEB's retail banking business in Ukraine, the sale was completed on 7 June, 2012.

SEB will continue to operate in Ukraine as a corporate  bank, serving its Nordic, Baltic and German corporate and institutional customers.  

For further information, please contact Viveka Hirdman-Ryrberg, Head of Corporate Communication [phone], [phone] [e-mail]

Press contact Anna Helsén, Group Press Officer [phone], +46  (0)70 - 698 4858 [e-mail]

SEB is a leading Nordic financial services group. As a relationship bank, SEB in Sweden and the Baltic countries offers financial advice and a wide range of financial services. In Denmark, Finland, Norway and Germany the bank's operations have a strong focus on corporate and investment banking based on a full-service offering to corporate and institutional clients. The international nature of SEB's business is reflected in its presence in some 20 countries worldwide. On 31 March, 2012, the Group's total assets amounted to SEK 2,331 billion while its assets under management totalled SEK 1,317 billion. The Group has about 17,000 employees. Read more about SEB at www.sebgroup.com.

Press release PDF

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Source: SEB via Thomson Reuters ONE

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