Largest Banks in Sweden

Following are the largest banks in Sweden ranked by total assets and market capitalization in billions of U.S. dollars. Nordea is the largest bank in Sweden in terms of assets. The Big Four banks in Sweden are SEB, Nordea, Svenska Handelsbanken and Swedbank. The top five banks in Sweden hold combined assets of over US$1.7 trillion.

Rank Bank name Total Assets (US$B) ** Market Cap (US$B) ***
1 Nordea Bank * $645.3 B $42.4 B
2 Skandinaviska Enskilda Banken (SEB) $357.6 B $30.8 B
3 Svenska Handelsbanken $350.6 B $24.3 B
4 Swedbank $283.0 B $23.6 B
5 SBAB Bank AB $56.81 B NA

* In 2018, Nordea moved its headquarters from Stockholm to Helsinki, but has major operations in Sweden.
** Total assets as of December 31, 2023.
*** Market capitalization as of February 20, 2024

Last updated October 1, 2024