Swedish banking group Swedbank said on Wednesday it was setting a target of at least 15% return on equity in the coming years, in line with a previous goal running through this year, and said geopolitical tensions were creating uncertainty.
AB “Ignitis grupė” (hereinafter – the Group) informs that on 16 May 2025 a subsidiary of the Group, SP Venta SIA, concluded a EUR 77.5 million project financing agreement (hereinafter – the Loan) with Swedbank AS (Latvia) and “Swedbank” AB (Lithuania) regarding a Stelpe solar farm and Vārme solar farm with a total capacity of 239 MW.
Swedish banking group Swedbank reported a first-quarter net profit above expectations on Tuesday but said that trade conflicts had dampened economic recovery in the bank's markets.
Sweden's Swedbank and Norway's SpareBank 1 alliance will establish a jointly owned Nordic investment bank by expanding the Norwegian group's SpareBank 1 Markets operation, the companies said in a joint statement on Tuesday.
Swedbank AB (publ) (OTCPK:SWDBF) Q4 2024 Earnings Conference Call January 23, 2025 3:00 AM ET Company Participants Annie Ho - Head of Investor Relations Jens Henriksson - President and Chief Executive Officer Jon Lidefelt - Chief Financial Officer Rolf Marquardt - Chief Risk Officer Conference Call Participants Magnus Andersson - ABG Martin Ekstedt - Handelsbanken Gulnara Saitkulova - Morgan St...
Swedish banking group Swedbank reported fourth-quarter operating earnings above market expectations on Thursday on the back of robust interest income and credit quality and proposed a bigger-than-expected hike of its annual dividend.
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