Swedbank is working actively to manage the bank’s capital structure and as a part of this process has applied for, and been granted, approval by Finansinspektionen (SFSA) to buy back issued, subordinated Tier 2 loans amounting to SEK 5bn. SFSA’s approval is valid until 31 August 2011.
Services PMI drops to 57.1 in May: Slower growth in service sector
Purchasing Managers´Index - Services,
PMI - Services,
PMI drops to 56.1 in May 2011 – signs of a downturn in the industrial economy
Estonia: CPI growth is continuously driven by food prices
As CEO for Swedbank Robur, the largest asset management company in Sweden, I want to highlight the importance of the financial industry having a sustainable investment strategy; from a financial perspective, an ownership perspective and a customer perspective.
Last week I participated in a panel on diversity in business together with Azita Shariati, head of Sodexo Sweden, and Sara Kullgren, CEO of Oriflame Sweden at a seminar arranged by financial weekly Veckans Affärer. Swedbank was one of the sponsors of this event, which featured speakers like Canadian Ambassador Alexandra Volkoff and our own Minister for Integration, Erik Ullenhag.
Economy blooming despite sketchy labour market developments
To ensure delivery of shares to the participants in Swedbank’s incentive program 2010 and to cover certain costs in connection with the program Swedbank AB (publ) (Swedbank) has issued and repurchased 1,500,000 C-shares. The number of C-shares has increased from zero to 1,500,000. The number of preferential shares is unchanged 207,264,185 and the number of ordinary shares is unchanged 952,325,992. The total number of shares has consequently increased from 1,159,590,177 with 1,500,000 to 1,161,090,177.
Lithuania’s productivity is gaining, but pace could be faster
On Saturday night May 28th the President of Latvia Valdis Zatlers announced his decision to propose a dissolution of the Parliament.
The welfare state needs a make-over
The anxiety in the markets has once again increased due to speculations surrounding the future for Greece.
Age, age, age . . . why are we in the west, and especially here in Sweden, so age obsessed?
I feel as proud as a parent! This bank has received a new prize and not just any prize!
Demographics – can one see a forest behind the trees?
On May 12, Swedbank Robur was awarded as the "Leading European Charity Fund Provider" and received first prize in the "Profit for Non Profit Award” in the category “Charity Funds ".
Recent manufacturing trends in Latvia – are there reasons to worry?
On 6 May a fair of Educational Student Companies was organised by Junior Achievement Lithuania in Vilnius, in the administrative building of Swedbank. There, students presented and implemented the best business ideas, introduced, advertised and sold their products and services. The fair was attended by about 350 students – 61 Student Companies – from 42 Lithuanian schools.