SEB Tied Number 1 in TNS SIFO Prospera’s Survey “Foreign Exchange Norway 2009“

SEB is ranked tied 1st in overall performance in TNS SIFO Prospera’s survey “Foreign Exchange Norway 2009”. SEB’s evaluation is especially strong in Tier 2 and among Corporates. “We are very pleased that we have further strengthened our position in the Norwegian market. Thanks to our professional teams with highly qualified analysts, advisers, traders and dedicated FX Sales team, we are proud to deliver the best quality and service to our clients,” says Peter Knutzen, Head of FX Sales. According to the survey the bank is especially highly evaluated this year in Tier 1 and among Institutions for sales’ trading & business ideas, news & market information/NOK, client familiarity, internet based execution as well as for risk analysis. In Tier 1 sales’ profile has improved, primarily for trading & business ideas. In Tier 2 and among Corporates SEB shows an even stronger performance profile, with few exceptions top ranked among Nordic banks. Compared to the previous survey the profile has strengthened in most respects, above all so for analytical speaking partner ability. SEB’s position as a FX dealer in the Norwegian market has clearly strengthened relative to 2008 in regards to portion of clients, market share as well as evaluation. 66 organisation with a turnover in spot & forward/outrights of at least NOK 1 billion and/or a turnover in FX swaps of at least NOK 10 billion were included in the survey. The interviews were conducted between August 17th and September 25th. The response rate was 84 per cent.