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Jens Henriksson

Swedbank gives more to its owners

Swedbank increases the share of the major bank's profit distributed to shareholders – from 50 to 60-70 per cent. "The board's decision on changed dividend policy means that we can both develop the bank for our customers and increase lending in pace with the changing business environment", says CEO Jens Henriksson according to a press release.

Swedbank gives more to its owners

CEO of Swedbank: "It will gradually brighten up for households"

It's going well for the major bank Swedbank – which, however, notes that many still struggle with the economy. In pace with the Swedish Central Bank lowering the interest rate, it will gradually brighten up for households, says CEO Jens Henriksson.

CEO of Swedbank: "It will gradually brighten up for households"

Swedbank's profit falls less than feared

Major bank Swedbank is doing better than expected and is bringing home hundreds of millions on feared credit losses that have not materialized. However, costs are increasing and the downward pressure on interest rates is causing the bank's profit and net interest income to be pressed down.

Swedbank's profit falls less than feared