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SEB — M&A Activity 2012
Jun 8, 2012
2966_rns_2012-06-08_8acac8e0-9b4f-4230-af35-fd0c1ab07769.pdf
M&A Activity
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Press release
Stockholm, 8 June, 2012
SEB completes sale of Ukrainian retail business
In accordance with the 18 November, 2011 announcement of the sale of SEB's retail banking business in Ukraine, the sale was completed on 7 June, 2012.
SEB will continue to operate in Ukraine as a corporate bank, serving its Nordic, Baltic and German corporate and institutional customers.
For further information, please contact
Viveka Hirdman-Ryrberg, Head of Corporate Communication +46-8-763 85 77, +46-70-550 35 00 [email protected]
Press contact Anna Helsén, Group Press Officer +46 8 763 9947, +46 (0)70 - 698 4858 [email protected]
SEB is a leading Nordic financial services group. As a relationship bank, SEB in Sweden and the Baltic countries offers financial advice and a wide range of financial services. In Denmark, Finland, Norway and Germany the bank's operations have a strong focus on corporate and investment banking based on a full-service offering to corporate and institutional clients. The international nature of SEB's business is reflected in its presence in some 20 countries worldwide. On 31 March, 2012, the Group's total assets amounted to SEK 2,331 billion while its assets under management totalled SEK 1,317 billion. The Group has about 17,000 employees. Read more about SEB at www.sebgroup.com.