SEBs inlägg

We have today presented SEB’s results for the first quarter 2024. See some of the highlights below. Read the full report here:

SEB sets a net-zero aligned 2030 target for the shipping sector in line with its commitment to the Net-Zero Banking Alliance. This means the emission intensity in the bank’s shipping portfolio must be reduced by 41 per cent by 2030 compared to the base year 2022. “The shipping sector faces a major challenge in transitioning to a low-carbon future. This target shows that we and our customers are ready to contribute to the transition. To reach this target, it is necessary that we continuously review our credit portfolio, but above all, that our customers optimise their fleets with new energy-efficient ships, investments in energy-saving devices and technologies, and adoption of low and zero-carbon fuels when available”, says Hans Christian Kjelsrud, Head of Shipping at SEB.

Today SEB presents its first quarter results for 2024. “We report a solid result, with robust asset quality and low net expected credit losses. The strengthening macroeconomic picture in Sweden was partly reflected in an improved market sentiment. At the same time, the high interest rate environment continued to have a dampening effect on credit demand,” says SEB’s President and CEO Johan Torgeby. Return on equity amounted to 17.2 per cent and the capital buffer was 420 basis points above the regulatory requirement. The full report is available here: https://lnkd.in/d_uauGfq

A whole day dedicated to Leveraged Finance!   This was the motto under which selected students gathered at SEB's Frankfurt office last week. Our local experts organized a workshop and shared their knowledge and experience from their daily business in the areas of LBO financing and private equity.   In this context, the students had the chance to apply their skills in a challenging case study and network throughout the day. Congrats to the winning team!   The day was rounded off with a get-together and a joint dinner. 

In our latest Green Bond Report, Joonas Rauramo and Mikko Jaatinen, CEO and CFO at Coolbrook, write about electrifying hard-to-abate industries. Read the short version below.    You can find the full report here: https://lnkd.in/g8Qh-qPm

Gain new insights and professional development in diversity, equity, and inclusion during the annual symposium "An Inclusive Labour Market" hosted by our partner Mitt Liv AB (svb). The event highlights the latest research, tools, and role models and takes place on April 24th. It's free of charge and will be live-streamed from Volvohallen in Gothenburg. You can choose which parts you want to tune into during the broadcast. See the full program and register here: https://lnkd.in/dnw94JWi

This week, LinkedIn published its annual ranking of the 25 best workplaces for growing your career in Sweden. SEB climbed to fifth place on the list, from sixth place in 2023, and eighth place the year before that. LinkedIn compiles the list using data available on the platform and a methodology for evaluating “different aspects of career progression, like how employees get promoted and acquire new skills.” #LinkedInTopCompanies

Tripled energy investments needed to reach climate goals. What will it take? Gregor Vulturius, SEB’s Lead Scientist and Advisor within Climate & Sustainable Finance shares his thoughts on the rapid transition needed to meet the Paris Agreement target and the huge opportunities for innovation this brings. Click on the link below to learn more.

Congratulations to Nasdaq on its launch of futures on OMX Sweden Small Cap 30 ESG Responsible Index. This index tracks the performance of the 30 most liquid small cap securities listed on Nasdaq Stockholm whose issuers meet specific ESG criteria. Nasdaq has together with SEB and other market participants developed this Small cap future. The OMX Sweden Small Cap 30 ESG future makes it possible for investors to gain exposure to the Swedish small cap market. This is done by consolidating a diversified portfolio of small cap stocks into a single, easily tradeable instrument. Curious to learn more? Visit Nasdaq’s webpage: https://lnkd.in/dpbdRVmu Investments involve a risk

Asset Management's fund “SEB Blockchain Economy Exposure Fund” wins the award for “The Nordic Tracker Newcomers 2024” at the XENIX ETF Awards Nordics 2024. The award is given to innovative new exchange-traded funds (ETFs) and index funds (UCITS) that have launched within the last two years. All listed ETFs and classic index funds available to Nordic retail investors are evaluated. "We are very happy to receive this award as a statement that our new innovative ideas and products are recognised," says Rickard Lundquist, Portfolio Manager for the fund. SEB Blockchain Economy Exposure Fund is managed by Index & Solutions, with Rickard Lundqvist as the portfolio manager. XENIX is an independent and owner-managed company focusing primarily on rating services for ETFs. Founded in 2009, XENIX is the only provider of qualitative ETF ratings in Europe. All investments involve risk. The fund can both decrease and increase significantly in value. Fund information, including the KID, information brochure, and sustainability-related disclosures, can be found at seb.se/fondlista.