The four major Swedish banks collectively reported an operating profit of approximately 42 billion kronor in the second quarter. High interest rates have led to a sharp increase in the banks’ revenues, while many ordinary savers continue to receive low interest rates on their accounts.
The four major Swedish banks—Nordea, SEB, Swedbank, and Handelsbanken—collectively reported an operating profit of approximately 42 billion kronor in the second quarter. Nordea led the way with just over 17 billion, followed by SEB with 10.7 billion, Swedbank with about 9.2 billion, and Handelsbanken with 6.7 billion.
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