Swedbank AB (Swedbank AB) Total Deposits : $129,238 Mil (As of Mar. 2024)

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What is Swedbank AB Total Deposits?

Swedbank AB's annual total deposits declined from Dec. 2021 ($145,509 Mil) to Dec. 2022 ($130,897 Mil) and declined from Dec. 2022 ($130,897 Mil) to Dec. 2023 ($125,312 Mil).

Swedbank AB Total Deposits Historical Data

The historical data trend for Swedbank AB's Total Deposits can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Swedbank AB Total Deposits Chart

Swedbank AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Deposits

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107,859.08

143,287.42

145,508.71

130,897.48

125,311.57

Swedbank AB Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Deposits	Get a 7-Day Free Trial															132,861.60	129,970.56	123,004.20	125,311.57	129,237.75

Swedbank AB Total Deposits Calculation

Total Deposits that banks' customers have in their accounts. This is an very important source of banks' liquidity.

When banks' customers flood to their banks to take their deposit out, it may be called "Bank Run", which may bring down a bank due to liquidity issues.

Swedbank AB (Swedbank AB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Swedbank AB (OTCPK:SWDBY) » Definitions » Total Deposits

Comparable Companies

Traded in Other Exchanges

SWDBF:USA SWED A:Sweden 0H6T:UK SWEDAs:UK FRYA:Germany

Address

Landsvagen 40, Sundbyberg, Stockholm, SWE, 172 63

Website

https://www.swedbank.com

Swedbank is one of the oldest banks in Sweden, where it derives the lion's share of its income. The bank is the result of merging savings and union banks in Sweden in the aftermath of the financial crisis in the early 1990s in Sweden. The remaining independent savings banks in Sweden remain in close collaboration with Swedbank, acting as an additional product distribution channel to Swedbank and sharing Swedbank's IT systems and part of its development costs. In addition, the bank operates in the three Baltic states: Estonia, Latvia, and Lithuania. Swedbank has a market-leading position in the Baltics, with share ranging from 20% to 55% in retail banking, where it generates 16% of revenue.