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Länsförsäkringar Bank
Länsförsäkringar Bank is a Swedish retail bank. As of 2022 it was the fifth largest retail bank in Sweden. The bank is owned by the customer owned insurance group of the same name, Länsförsäkringar Länsförsäkringar, or literally ''County Insurance'', is a Swedish group of customer owned insurance companies. The group consists of 23 independent companies, one in each of the counties of Sweden (pre 1998 division), that cooperate under a comm .... History Länsförsäkringar Bank was started in 1996. In 1998 Länsförsäkringar merged with the Wasa insurance company, alongside this Länsförsäkringar Bank was merged with WASA Bank. Legal issues In December 2022 Länsförsäkringar Bank was fined 90 million SEK by the Financial Supervisory Authority due to insufficient controls against money laundering. References External linksLänsförsäkringar Bank- Official site Banks of Sweden 1996 establishments in Sweden {{Sweden-company-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Retail Banking
Retail banking, also known as consumer banking or personal banking, is the provision of services by a bank to the general public, rather than to companies, corporations or other banks, which are often described as wholesale banking (corporate banking). Banking services which are regarded as retail include provision of savings and transactional accounts, mortgages, personal loans, debit cards, and credit cards. Retail banking is also distinguished from investment banking or commercial banking. It may also refer to a division or department of a bank which deals with individual customers. In the U.S., the term ''commercial bank'' is used for a ''normal'' bank to distinguish it from an investment bank. After the Great Depression, the Glass–Steagall Act restricted normal banks to banking activities, and investment banks to capital market activities. That distinction was repealed in the 1990s. Commercial bank can also refer to a bank or a division of a bank that deals mostly ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Länsförsäkringar
Länsförsäkringar, or literally ''County Insurance'', is a Swedish group of customer owned insurance companies. The group consists of 23 independent companies, one in each of the counties of Sweden (pre 1998 division), that cooperate under a common brand A brand is a name, term, design, symbol or any other feature that distinguishes one seller's goods or service from those of other sellers. Brands are used in business, marketing, and advertising for recognition and, importantly, to create and ... name. Länsförsäkringar Bank is a bank that was started in the 1990s and is operated by the group. References External linksLänsförsäkringar- Official site Insurance companies of Sweden Companies based in Stockholm {{Insurance-company-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Swedish Krona
The krona (; plural: ''kronor''; sign: kr; code: SEK) is the currency of Sweden. Both the ISO code "SEK" and currency sign "kr" are in common use for the krona; the former precedes or follows the value, the latter usually follows it but, especially in the past, it sometimes preceded the value. In English, the currency is sometimes referred to as the Swedish crown, as means " crown" in Swedish. The Swedish krona was the ninth-most traded currency in the world by value in April 2016. One krona is subdivided into 100 '' öre'' (singular; plural ''öre'' or ''ören'', where the former is always used after a cardinal number, hence "50 öre", but otherwise the latter is often preferred in contemporary speech). Coins as small as 1 öre were formerly in use, but the last coin smaller than 1 krona was discontinued in 2010. Goods can still be priced in ''öre'', but all sums are rounded to the nearest krona when paying with cash. The word ''öre'' is ultimately derived from the Latin w ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Supervisory Authority (Sweden)
Financial Supervisory Authority (, FI) is the Swedish government agency responsible for financial regulation in Sweden. It is responsible for the oversight, regulation and authorisation of financial markets and their participants. The agency falls under the Swedish Ministry of Finance and regulates all organisations that provide financial services in Sweden. History FI was formed 1991 to create a single integrated regulator covering banking, securities, and insurance in Sweden. This was done with the merging of the former banking and insurance supervisory bodies, the Bank Inspectorate () and the Insurance Supervision Authority (). Responsibilities FI's primary responsibility is market stability and the monitoring of financial markets and participants. It also has a responsibility to provide consumer protection in relation to financial products. One of its tasks is monitoring for instability that will negatively affect the Swedish financial system. If it believes that this ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dagens Nyheter
(, ), abbreviated ''DN'', is a daily newspaper in Sweden. It is published in Stockholm and aspires to full national and international coverage, and is widely considered Sweden's newspaper of record A newspaper of record is a major national newspaper with large newspaper circulation, circulation whose editorial and news-gathering functions are considered authoritative and independent; they are thus "newspapers of record by reputation" and i .... History and profile was founded by Rudolf Wall in December 1864. The first issue was published on 23 December 1864. During its initial period, the paper was published in the morning. In 1874 the paper became a joint stock company. Its circulation in 1880 was 15,000 copies. In the 1890s, Wall left and soon after, the paper became the organ of the Liberal Party. From 1946 to 1959, Herbert Tingsten was the executive editor. The newspaper has been owned by the Bonnier Group since 1909, when Karl Otto Bonnier acquired the remai ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
TT News Agency
TT News Agency (Swedish: TT Nyhetsbyrån or simply TT; formerly ''Tidningarnas Telegrambyrå'' until 2013, translates to ''The newspaper's telegram bureau'') is a Swedish news agency, the largest in Scandinavia, owned jointly by the country's newspaper A newspaper is a Periodical literature, periodical publication containing written News, information about current events and is often typed in black ink with a white or gray background. Newspapers can cover a wide variety of fields such as poli ...s and the media groups behind them. TT's services are used as the exclusive source of national news by many local media outlets. TT News Agency is the national wire service in Sweden with a history dating back to the 1920s. TT News Agency provides news articles, images, video and infographics to Sweden's media outlets, companies and public authorities. TT News Agency is ranked as one of Europe's most profitable news agencies. The number of employees is, as of 2018, 208 people. TT New ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banks Of Sweden
A bank is a financial institution that accepts Deposit account, deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. As banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of Bank regulation, regulation over banks. Most countries have institutionalized a system known as fractional-reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure accounting liquidity, liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but, in many ways, functioned as a continuation of ideas and concepts o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
