SEB is ranked best provider of trade finance services in the Nordic
region overall, as well as in Sweden, Lithuania and Latvia according
to a recent survey done by Global Finance publication.
"Our goal is that our customers perceive SEB to be the best and most
innovative trade finance bank in the region. SEB's strength is to be
able to demonstrate the large savings and efficiency potentials in
the companies current trade finance processes. These kinds of awards
are evidence that the changes we make are appreciated by the market.
We still have a long way to go before we are satisfied, but we are
definitely moving in the right direction," says Lars Millberg, Global
Head of Trade Finance.
The survey was based on input from industry analysts, corporate
executives and technology experts who identified the best trade
finance providers in 68 countries or regions. Criteria for choosing
the winners included transaction volume, scope of global coverage,
customer service, competitive pricing and innovative technologies.
SEB is a North European financial group serving some 400,000
corporate customers and institutions and five million private
individuals. SEB offers universal banking services in Sweden, Germany
and the Baltic countries - Estonia, Latvia and Lithuania. It also has
local presence in the other Nordic countries, Poland, Ukraine and
Russia and a global presence through its international network in
another ten countries. On 30 September 2008, the Group's total assets
amounted to SEK 2,416bn (~EUR 237bn) while its assets under
management totalled SEK 1,244bn (~EUR 122bn).The Group has about
22,000 employees. Read more about SEB at www.sebgroup.com.
_____________________________________________
For further information, please contact:
Lars Millberg, Global Head of Trade Finance, +46 8 763 85 46
Press contact: Elisabeth Lennhede, +46 70 763 99 16,
elisabeth.lennhede@seb.se
This announcement was originally distributed by Hugin. The issuer is
solely responsible for the content of this announcement.
