Wed, 2 Sep 2009: Swedish bank moves to restructure its operations…
Sep 2, 2009 Baltics
He added that this is a part of a long-term process, the objective of which is to form Swedbank into an efficient, singular organization. Customers will not be directly affected by the change. ...Tags: Construction Sector, Economic Outlook, Housing Loan, Improvements, Loan Portfolio, Mortgages, Objective, Overdue Loans, Quality Loan, Swedish Bank
Wed, 28 Feb 2007: Swedbank stock takes dive on lat devaluation fears…
Feb 28, 2007 Baltics
Another Swedish bank, SEB, which owns Uhispank, Unibanka and Vilniaus Bank, also saw its share price take a hit, losing 5 percent over the first four days of last week. International investors ...Tags: Ammo, Bank Seb, Current Account Deficit, Devaluation, Economic Expansion, Inflation, International Investors, Latvia, Reuters News Agency, Share Price, Stock, Swedbank, Swedish Bank, Two Camps, Unibanka
Wed, 30 Mar 2005: Swedbank ups ante, wins over Hansa shareholders…
Mar 30, 2005 Baltics
"While fully understanding Swed-bank's business logic of the profitability of the takeover… it does not automatically mean profit to the bank. We find the potential synergies are small," the ind...Tags: Bank Officials, Business Logic, Council Members, Estonian Bank, Hansabank, Independent Council, Kroons, March 25, Profitability, Shareholders, Stock Index, Swedbank, Swedish Bank, Synergies, Ups, Wins
Thu, 25 Feb 1999: Swedish bank plans Baltic strategy…
Feb 25, 1999 Baltics
According to the Baltic News Service reports, SEB has apparently not ruled out the possibility of boosting its approximate one-third stake in Estonia's Uhispank and Lithuania's Vilniaus Bankas. Th...Tags: Alexander, Baltic News Service, Banks, Cooperative Agreement, Lithuania, Right Moment, Seb, Stake, Swedish Bank
Thu, 3 Dec 1998: Vilniaus Bankas wraps up Swedish deal…
Dec 3, 1998 Baltics
The Swedish heavyweight plans to grab the Lithuanian bank's entire new issue of 4.8 million shares at a price of 46 litas ($11.2) apiece. The Swedish bank's overall investment in Vilniaus Bankas i...Tags: Atmosphere, Baltic Countries, Banks, Investment, Investments, Joint Press Conference, Lithuanian Bank, Surprise, Swedish Bank, Vilniaus Bankas
Thu, 26 Nov 1998: Swedes poised to become Baltic banking leaders…
Nov 26, 1998 Baltics
18 with an announcement that SEB would acquire 15 million shares of Uhispank through a share issue at 40 kroons ($2.97) a share. It also purchased 6 million existing Uhispank shares.This is the se...Tags: Baltic Market, Baltic Region, Financial Services Institution, Hansapank, Kroons, Lars Thunell, Leading Financial Services, Seb, Second Time, Share Issue, Shares, Strategic Partnership, Swedbank, Swedes, Swedish Bank
Thu, 8 Oct 1998: Swedbank gets half of Hansapank shares …
Oct 8, 1998 Baltics
Swedbank said it would guarantee the issue of 14 million shares at a price of 100 kroons ($7) a piece. Hansapank's shareholders may buy one share for every four they own, but if they fail to subsc...Tags: Bank Of Estonia, Guarantee, Hansapank, Shareholders, Shares, Stake, Swedbank, Swedish Bank