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Swedbank Reports Mixed First-Half Profit Results
Businesssvenska-dagbladetdelfi-lt1mo ago2 sources

Swedbank Reports Mixed First-Half Profit Results

Swedbank has reported its first-half profit, with some outlets indicating a 16% increase compared to last year, while others suggest a lower profit. The differing reports highlight varying interpretations of the bank's financial performance.

Lithuanian Middle Class Income Expectations and Reality
Businessdelfi-lt1mo ago

Lithuanian Middle Class Income Expectations and Reality

More than half of Lithuanian residents identify as middle class, according to a new Swedbank survey, but a significant gap remains between desired and actual income. The study explores what income levels residents associate with middle-class status.

Former Swedbank CEO Cleared in Estonian Money Laundering Case
FinanceFTdr-dkFox News+20nrknzzyle-uutisethelsingin-sanomataftonbladetberlingskesvenska-dagbladetder-standard+12 more4mo ago23 sources

Former Swedbank CEO Cleared in Estonian Money Laundering Case

Sweden's Supreme Court overturned the fraud conviction of Birgitte Bonnesen, the former CEO of Swedbank, in a high-profile Estonian money laundering case. This decision clears her of charges related to the scandal that led to her dismissal.

War bonus on mortgage interest - rows of increases
Worldsvenska-dagbladet4mo ago

War bonus on mortgage interest - rows of increases

Nordea, SBAB, Swedbank, Danske Bank – rader av stora bolåneaktörer – har de gångna dagarna höjt bundna boräntor. Experter beskriver det som en följd av den krigspremie som banker får betala på sina…

Virši-A Named Best Employer of 2025 in Latvia
Businesslsm-lv5mo ago

Virši-A Named Best Employer of 2025 in Latvia

The company Virši-A has been recognized as the best employer of 2025 in Latvia, based on a survey where participants expressed the most desire to work there. Latvijas Mobilais telefons and Swedbank also made the top three.

Lithuanian Businesses Embrace Sustainability Practices
Businessdelfi-lt20d ago

Lithuanian Businesses Embrace Sustainability Practices

Sustainability is no longer solely a concern for large, regulated businesses in Lithuania, with half of the country's businesses either already feeling or expecting to feel the need for sustainability-related changes within the next five years, according to a Swedbank survey.

Modest benefit increase expected in Sweden next year
Politicssvenska-dagbladet1mo ago

Modest benefit increase expected in Sweden next year

Swedbank predicts that students, parents on leave, and pensioners in Sweden should not expect significant financial boosts next year. The projected increase in the price base amount will result in only a modest rise in benefits.

"Opens the door for interest rate cut"
Financesvenska-dagbladet5mo ago

"Opens the door for interest rate cut"

The US and Israeli attacks on Iran put the Riksbank in a tricky situation. This is according to Mattias Persson, chief economist at Swedbank with a long history at the Riksbank.

Swedbank to pay $50 million fine to US regulator
Worlddelfi-lt1mo ago

Swedbank to pay $50 million fine to US regulator

The Swedish international banking group Swedbank announced an agreement with the New York State Department of Financial Services (DFS) to pay a $50 million fine. The penalty is for regulatory violations that occurred between 2016 and 2018.

Swedbank Services Disrupted
Businessdelfi-lt2mo ago

Swedbank Services Disrupted

Swedbank has reported a disruption in its services on Wednesday, with issues related to logging into its mobile app and online banking currently being resolved, according to a bank representative.

Warning Issued to Lithuanians Awaiting Pension Fund Payouts
Businessdelfi-lt4mo ago

Warning Issued to Lithuanians Awaiting Pension Fund Payouts

Residents in Lithuania who have stopped accumulating funds in the second pension pillar are soon expected to receive part of their savings. Swedbank's chief economist, Nerijus Mačiulis, issued a warning and outlined the worst-case scenario for how the withdrawn money might be used.

Swedbank Economist Analyzes Fuel Affordability in Lithuania
Businessdelfi-lt5mo ago

Swedbank Economist Analyzes Fuel Affordability in Lithuania

Swedbank's chief economist, Nerijus Mačiulis, states that despite recent fuel price increases, the average salary in Lithuania can still purchase the same amount of petrol as last year and more diesel than in 2023, questioning the drama around the price hikes.