SEB first quarter 2016 - underlying operating profit SEK 4,493m (5,505) - Seite 2

Operating income in the first quarter amounted to SEK 10.2bn, a decrease of 9 per cent compared to the last quarter 2015. Operating expenses decreased by 1 per cent to SEK 5,416m, excluding one-off items. 

Asset quality remained high. The net credit loss level was 8 basis points during the quarter. The liquidity coverage ratio was 132 per cent (128). The Common Equity Tier 1 capital ratio was further strengthened to 19.1 per cent (18.8).

Download Annika Falkengren's presentation here:
http://sebgroup.com/siteassets/investor_relations1/presentations/inter ...

Download Fact Book here:
http://sebgroup.com/siteassets/investor_relations1/factbook/2016_Q1_fa ...

For further information, please contact Jan Erik Back, CFO, [phone] Jonas Söderberg, Head of Investor Relations, [phone]; [phone] Viveka Hirdman-Ryrberg, Head of Corporate Communication, [phone], [phone]

SEB is a leading Nordic financial services group. As a relationship bank, SEB in Sweden and the Baltic countries offers financial advice and a wide range of financial services. In Denmark, Finland, Norway and Germany the bank's operations have a strong focus on corporate and investment banking based on a full-service offering to corporate and institutional clients. The international nature of SEB's business is reflected in its presence in some 20 countries worldwide. At 31 March 2016, the Group's total assets amounted to SEK 2,700bn while its assets under management totalled SEK 1,637bn. The Group has around 15,500 employees. Read more about SEB at http://www.sebgroup.com.

Interim Report January - March 2016

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The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: SEB via Globenewswire

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