Swedish bank SEB has confirmed speculation that it is considering boosting its financial position through a share issue. The bank, which is a significant property financier, said that such a move would be undertaken with the support of its core shareholders but stressed that no decision has yet been taken.
Swedish bank SEB has confirmed speculation that it is considering boosting its financial position through a share issue. The bank, which is a significant property financier, said that such a move would be undertaken with the support of its core shareholders but stressed that no decision has yet been taken.
SEB describes itself as a North European financial group serving some 400,000 corporate customers and institutions and five million private individuals. The group's total assets at end-September 2008 amounted to EUR 237 bn, while its assets under management totalled EUR 122 bn..
