Swedbank

SWEDBANK NEWSROOM (5 press releases)

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Ignitis Group Secures €318 Million Financing Package Led by EBRD to Advance Lithuania’s Green Energy Transition

PRESS RELEASE -- 23, October 2025

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is lending €79.5 million to Ignitis Group as part of a €318 million financing consortium that includes the EIB, Swedbank, and NIB to fund the 314 MW Kelmė wind farm … Read the full press release

Swedish Banking Giants Sustain Capital Strength Amid Simulated 2025–27 Downturn

PRESS RELEASE -- 4, August 2025

(IN BRIEF) The EBA’s 2025–27 stress test, involving 64 major EU and Norwegian banks, simulated a recession driven by geopolitical tensions and protectionist disruptions to supply chains, which would elevate commodity and energy prices, inflation, and interest rates while curbing … Read the full press release

Latvia’s Altum Joins €300 Million EU Guarantee Scheme to Boost Exports for Ukraine Reconstruction

PRESS RELEASE -- 11, July 2025

(IN BRIEF) Latvia’s finance institution Altum has signed up for the InvestEU Ukraine Export Credit Guarantee Facility, becoming the tenth EU country to do so alongside nine others. The facility, backed by the EIF and part of the EIB Group, … Read the full press release

Swedbank Acquires Digital Mortgage Specialist Stabelo to Reach Younger, Tech-Savvy Borrowers

PRESS RELEASE -- 2, July 2025

(IN BRIEF) Swedbank will acquire Stabelo, a fully digital mortgage credit institution, to expand its mortgage offerings and reach new customer segments. Stabelo’s technology-driven processes and partnership distribution complement Swedbank’s existing capabilities. The initial price tag is SEK 350 million, … Read the full press release

Swedbank Taps New Leader for Baltic Market Expansion

PRESS RELEASE -- 1, April 2025

(IN BRIEF) Swedbank has officially named Olof Sundblad as the permanent Head of Baltic Banking, elevating him from his acting role since October 2024. In this new capacity, he will remain a member of the Group Executive Committee. Sundblad’s appointment … Read the full press release