Skandinaviska Enskilda Banken AB (SEB-A.ST) Stock Price

Skandinaviska Enskilda Banken, known as SEB, is presented on its website as a financial services group operating in northern Europe, with its registered office in Stockholm. The bank goes back to Stockholms Enskilda Bank, founded by André Oscar Wallenberg in 1856. According to its history, Wallenberg's aim was to give inventors and entrepreneurs capital for industrial initiatives.

The Danish financier Carl Fredrik Tietgen, working with Wallenberg, founded Skandinaviska Kreditaktiebolaget in 1864 as a competitor to Stockholms Enskilda Bank. The two banks merged in 1972 to form Skandinaviska Enskilda Banken, and the name was later shortened to SEB. The bank serves large corporations, financial institutions, small and medium-sized companies and private individuals. Its share capital consists of class A and class C shares, both listed on Nasdaq Stockholm; a class A share carries one vote and a class C share one tenth of a vote.

Those following SEB stock usually watch the interest rate environment, credit quality, capital adequacy and the company's announcements on share buybacks and dividends. On the Lzzo.com SEB page, the price of the Stockholm-listed shares appears with its observation time, together with a price history chart and technical indicators.