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Skandinaviska Enskilda Banken AB (MIL:1SEBA) Accounts Payable & Accrued Expense for Financial Companies


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What is Skandinaviska Enskilda Banken AB Accounts Payable & Accrued Expense for Financial Companies?

Accounts Payable & Accrued Expense for Financial Companies only applies to insurance companies.


Skandinaviska Enskilda Banken AB Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Skandinaviska Enskilda Banken AB (MIL:1SEBA) » Definitions » Accounts Payable & Accrued Expense for Financial Companies
Address
Kungstradgardsgatan 8, Stockholm, SWE, SE-106 40
Skandinaviska Enskilda Banken is a Swedish universal bank with a strong focus on the corporate lending sector. The bank operates in the Nordics, the Baltics, Germany, and the United Kingdom but derives the majority of its operating profits from Sweden. SEB specializes in corporate lending, particularly to large corporations. Additionally, it serves large midcorporate and multinational companies, financial institutions, and about small and medium-size enterprises. It also serves about 4 million private customers in Sweden and the Baltics. The bank offers asset management, life insurance, and to a lesser extent private banking services to its clients.