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 in a branch reduction and digitization of offerings have paid off. With central bank rates having normalized again, we expect efficiency to trend close to long-term historical averages.