Skandinaviska Enskilda Banken Is a Well-Run Bank

Skandinaviska Enskilda Banken's focus on corporate lending and advisory banking services results in a healthy diversification between fee- and spread- based income streams. The bank runs a very efficient banking operation that has been supported by higher central bank interest rates over the last couple of years. Investments into a branch reduction and digitization of offerings have paid off. With central bank rates normalizing again, we expect efficiency to revert to a longer-term historical average, as well.