The publication indicates that SEB still has an open office in St. Petersburg and a functioning website for the Russian market. On the SEB group website, the office in Russia is also listed among the international offices.
“We offer various services to clients of banking and financial institutions companies in our domestic market“, – it is said to this day in the section “SEB in Russia”.
However, as additional information, it is stated that “in the current conditions, it is impossible or impractical to continue SEB’s activities in Russia, and therefore SEB has begun to reduce it.”
The bank added that this is being done responsibly and regularly and in accordance with legal and regulatory standards.
The bank wants to completely stop working in Russia
Vohu said that the group is curtailing its activities in Russia and its goal is to completely stop its work in the Russian Federation.
“SEB only has an office in St. Petersburg to help its few clients exit the Russian market,” he said.
SEB Group officially stated to journalists that SEB’s activities in Russia are focused only on supporting subsidiaries of Scandinavian, German and British business clients operating in the country, and SEB did not conduct business activities aimed at local companies, institutions or individuals.
What is known about this bank
Swedish bank headquartered in Stockholm. In Sweden and the Baltic countries, SEB offers a full range of financial services. In Denmark, Finland, Norway, Germany and the UK, the bank’s activities focus on corporate and investment banking services for corporate and institutional clients.
SEB is the second largest bank in Estonia. As is the case with other banks operating in Estonia, it is not possible to use SEB’s services to do business in Russia. No other bank operating in Estonia no longer has an office in Russia.
2023-12-21 00:00:00
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