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Sweden's largest banks regardless of measurement type (employees, revenue, capitalisation, assets) is typically a list of four – Swedbank, Nordea, SEB and Handelsbanken. [2] [3] Swedish banks and financial institutions dominate the financial market in the Baltic states – Lithuania, Latvia and Estonia. [4] [5] [6]
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BankID is an electronic identification system in Sweden.With a usage rate of 94% among smartphone users, it is the single largest such service in Sweden by a large margin, and is administered by Finansiell ID-Teknik BID AB that is owned by several Swedish and Scandinavian banks.
Swedbank is one of the primary banks in Sweden, together with Nordea, Handelsbanken, and SEB. In 2001, a deal to merge Swedbank (then FSB) with SEB failed as the European Commission thought that the merged company would have had too dominant a position in the Swedish banking market. Today, Swedbank has 7 million private customers and 555 000 ...
In February 2019, Computer Sweden revealed that all calls made to 1177 since 2013 that were answered by the subcontractor Medicall were stored as audio files on a server that lacked both encryption and user authentication.
In December 2007, the company was headed by a new foreign investor from the Swedbank Group and the bank was renamed as Swedbank Invest. [8] [9] In 2009, the form of ownership and the name of the bank was changed to PJSC Swedbank. [10] [11] In 2013, the Swedbank Group decided to exit the financial market of Ukraine.
The three banks were – Swedbank, SEB Group and Luminor, all three with Scandianvian roots. [2] The largest banks and financial institutions in Lithuania, Latvia and Estonia are largely the same and mostly dominated by Swedish companies. [3] [4] [5]
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