Barclays PLC (LSE:BARC) has agreed to sell its 50% stake in Scandinavian consumer credit provider Entercard Group to joint venture partner Swedbank, in a deal that values the business at SEK 5.2 billion (£400 million). Barclays said the sale will be completed at book value, estimated at SEK 2.6 billion (£200 million) for its share as of March 2025, with Entercard repaying funding equivalent ...
Barclays said on Thursday that it has sold its stake in joint venture Entercard Group to partner Swedbank AB at book value, estimated at 2.6 billion crowns ($273.2 million) as of March 31.
Swedbank AB (publ) (OTCPK:SWDBF) Q2 2025 Earnings Conference Call July 17, 2025 2:30 AM ET Company Participants Jens Henriksson - President & CEO Jon Hendrik Lidefelt - Chief Financial Officer Maria Caneman - Corporate Participant Conference Call Participants Andreas Hakansson - SEB, Research Division Bettina Thurner - BNP Paribas Exane, Research Division Gulnara Saitkulova - Morgan Stanley, Re...
Swedish banking group Swedbank reported a net profit for the second quarter that beat market expectations on Thursday but said the global economy remained marked by uncertainty with weakening activity in its main market Sweden.
Swedish banking group Swedbank said on Wednesday it was setting a target of at least 15% return on equity in the coming years, in line with a previous goal running through this year, and said geopolitical tensions were creating uncertainty.
AB “Ignitis grupė” (hereinafter – the Group) informs that on 16 May 2025 a subsidiary of the Group, SP Venta SIA, concluded a EUR 77.5 million project financing agreement (hereinafter – the Loan) with Swedbank AS (Latvia) and “Swedbank” AB (Lithuania) regarding a Stelpe solar farm and Vārme solar farm with a total capacity of 239 MW.
Swedbank AB (publ) (OTCPK:SWDBF) Q1 2025 Earnings Conference Call April 29, 2025 3:30 AM ET Company Participants Magnus Alvesson - Acting Head, Investor Relations Jens Henriksson - President & Chief Executive Officer Jon Lidefelt - Chief Financial Officer Conference Call Participants Andreas Hakansson - SEB Saitkulova Gulnara - Morgan Stanley Riccardo Rovere - Mediobanca Bettina Thurner - BNP P...
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