Swedbank appoints Forensic Risk Alliance (FRA) as external investigator

Swedbank has previously decided to appoint the audit firm EY to analyse material and conduct an external investigation about the information presented on the news program “Uppdrag granskning” on Swedish Television.

To secure that the external investigation meets necessary demands Swedbank has today decided to replace EY with Forensic Risk Alliance (FRA). The external investigator will report the results of the investigation to the CEO and Swedbank’s Board of Directors, no later than before the Annual General Meeting which is to be held on March 28, 2019. The result will then be presented to other stakeholders.

For additional information:
Gabriel Franke Rodau, Head of Group Communication, Swedbank +46 70 144 89 66
Gregori Karamouzis, Head Investor Relations, Swedbank +46 72 740 63 38

Swedbank encourages a sound and sustainable financial situation for the many households and businesses. As a leading bank in the home markets of Sweden, Estonia, Latvia and Lithuania, Swedbank offers a wide range of financial services and products. Swedbank has over 7 million retail customers and around 600 000 corporate customers and organisations with 186 branches in Sweden and 125 branches in the Baltic countries. The group is also present in other Nordic countries, the US and China. As of 31 December, 2018 the group had total assets of SEK 2 246 billion.  Read more at www.swedbank.com

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