SEB Russia

In Russia The SEB Group is represented by JSC SEB Bank

JSC SEB Bank (former ОАО St. Petersburg bank of energy and electrification «Petroenergobank») was founded in 1995. From the beginning the bank adopted the role of the core financial body of AO «Lenenergo» and its main objective was to process financial transactions of the company in St. Petersburg and Leningrad Region. In May 2006 predisposed to establish on the Russian market, Skandinaviska Enskilda Banken (publ.) AB officially announced acquisition of 100% shares of «Petroenergobank». Integration with SEB AB resulted in renaming the bank to JSC SEB Bank and allowed to offer universal financial services of SEB Group throughout Russian Federation.

Today JSC SEB Bank successfully endorses the reputation of one of the leading Scandinavian financial institutions, providing its corporate clients with a wide range of products and service in the areas of monetary operations, lending, leasing and other. Emphasizing its main operation principles, flexibility in decision making and high quality of services, bank noticeably expends its positions in offering 150 years of European practice to the Russian market. JSC SEB Bank has the best possible rating of stability from international rating agencies (Issuer Default Rating (IDR) "BBB-" Outlook Negative Fitch Ratings) and presents creative solutions for any banking needs to the international clients who already have experience working with us in other countries.

Charter Capital 5 482 000 000 Rubles.

SEB is scaling down operations in Russia

On 22 March 2022, SEB communicated that it has started scaling down its operations in Russia as it is not viable for SEB to maintain operations in Russia under the current conditions. This will be done in a responsible and orderly manner and in accordance with regulatory and legal obligations.