TAS-Kommerzbank in Ukraine renamed to Swedbank

On December 3rd JSCB TAS-Kommerzbank changed its name to OJSC Swedbank. CJSC TAS-Investbank, which is wholly owned subsidiary by OJSC Swedbank, will during December change its name to CJSC Swedbank Invest. The re-branding process will be completed during the first half-year of 2008.

In July 2007 Swedbank acquired the Ukrainian bank TAS-Kommerzbank and its subsidiary bank. Swedbank in Ukraine has 3,300 employees and provides service to more than 164,000 private customers, 17,000 corporate customers and more than 190 branches in Ukraine.


For further information:
Anders Ek, Head of Strategic and International Banking, Swedbank, phone: +46 8 585 926 66
Anna Sundblad, Press Manager, Swedbank, phone: +46 70 321 39 95