SEB Pank explained

AS SEB Pank
Former Name:Eesti Ühispank
SEB Eesti Ühispank
Industry:Financial services
Location City:Tallinn
Area Served:Estonia
Services:Retail banking, merchant banking, wealth management, life insurance, pensions
Net Income:€67.90 mln (2014)
Assets:€4837.71 mln (2014)[1]
Equity:€677.26 mln (2014)
Parent:SEB Group
Location Country:Estonia
Homepage:www.seb.ee

SEB Pank is an Estonian bank, owned by the Swedish bank SEB. SEB is the second largest bank in Estonia and is a member of the international SEB Group. Until 11 April 2005 the name of the bank was Eesti Ühispank, which was originally founded in 1992 from a merger of 10 smaller banks. On 7 March 2008, the bank changed its name to SEB Pank.[2]

SEB[3] is a universal bank focused on the Estonian market, offering full financial services to large, small and medium-sized companies, the public sector and private individuals. As of the end of 2004 SEB Eesti Ühispank had 629,000 customers, from which 580,000 were private individuals and 49,000 legal persons. The number of Internet banking customers in 2005 exceeded the milestone of 340,000. At the end of 2003, SEB Eesti Ühispank had 1,328 employees.

SEB Pank has been designated as a Significant Institution since the entry into force of European Banking Supervision in late 2014, and as a consequence is directly supervised by the European Central Bank.[4] [5]

See also

Notes and References

  1. https://thebanks.eu/banks/12996 Bank Profile: SEB Pank
  2. Web site: Archived copy . 2009-03-19 . 2009-03-19 . https://web.archive.org/web/20090319035617/http://www.seb.ee/index/0105 . dead .
  3. Web site: Welcome to the new SEB homepage SEB.
  4. Web site: European Central Bank . The list of significant supervised entities and the list of less significant institutions . 4 September 2014 .
  5. Web site: European Central Bank . List of supervised entities . 1 January 2023 .