SEB’s German bank changes name to SEB
During 2000, BfG was able to implement its restructuring faster than had been planned:
“During the restructuring process, BfG has been able to maintain its customer base of approximately one million clients and has, in addition, doubled the number of e-banking clients to 150,000,” says Lars Lundquist, President of SEB in Germany.
“The strategic areas of growth for the new bank are asset management, e-banking and insurance services,” says Lars Lundquist.
SEB is a European financial group especially for corporations and financially active private individuals.
SEB has 630 branch offices in Sweden, Germany and the Baltic States, with 4 million customers in total. Of these, 850,000 are Internet customers. SEB also has operations in the rest of the Nordic countries, Great Britain, Luxembourg and Switzerland. The balance sheet total is SEK 1,123 billion and assets under management amount to SEK 910 billion. The number of employees amount to 21,500. Read more about SEB: www.seb.net