Skandinaviska Enskilda Banken AB M&A Call Transcript

Jun 21, 2023 / 06:00AM GMT
Masih Yazdi - Skandinaviska Enskilda Banken AB(publ)-CFO

Good morning, everyone, on the call. We will, this morning present the acquisition we've announced early this morning on AirPlus. My name is Masih Yazdi, I'm the CFO of SEB. I'm joined here today by Jonas Soderberg who's Head of our division, corporate and private customers. We will be referring to the slide deck that was published this morning together with the press release on this acquisition.

On Page 2 in the slide deck, you can see the agenda of this presentation. I will remind you of our strategy that we presented for 2030, early parts of 2021, then Jonas will talk about the card market, SEB Kort, the current business we have and AirPlus that we're acquiring at this point. And then in the end, we'll do a summary of the transaction and open up for Q&A.

So move to Slide 3 in the slide deck. You can see the summary of the Strategy 2030 that we presented in January 2021, and you can see how this acquisition fits into that strategy. We believe that this acquisition will help us with our

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