Reducing Activities: company scaling back some business operations while continuing others

Stay Scaling Back

Swedbank AB is a Nordic-Baltic banking group based in Stockholm, Sweden, offering retail banking, asset management, financial, and other services. In 2019 Swedbank had 900,000 private and 130,000 corporate clients and a 60% market share of Estonia’s payments.

 
 
 

Reducing Activities: company scaling back some business operations while continuing others

Stay Scaling Back
Glob.Revenue, mln.USD
5187
The Company Statement
June 21, 2023

Has decided to suspend all financial transactions where payments are made to or from Russia and Belarus. Latvian branch of Swedbank to pay 3.4 million dollars over Crimean sanction violation.

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April 08, 2022Swedbank will stop financial transactions with Russia and Belarus
Demand to Leave Russia:Petition text has been copied to the clipboard.
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