SEB second quarter 2016 - underlying operating profit SEK 5,016m (4,493)
"In the prevailing environment of uncertainty, customers' need for advisory and risk management services have continued to increase. This is reflected in higher net fee and net financial income between the second and the first quarter" says Annika Falkengren, SEB's President and CEO, commenting on the quarterly result. However, for the first half of this year and excluding both positive and negative one-off effects, all income lines were lower compared to the first half of 2015 mirroring the impact of negative interest rates and a more cautious business sentiment. The market