Skandinaviska Enskilda Banken AB (OTCPK:SVKEF)
$ 13.391 0 (0%) Market Cap: 26.99 Bil Enterprise Value: 51.71 Bil PE Ratio: 7.84 PB Ratio: 1.32 GF Score: 67/100
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Q1 2019 Skandinaviska Enskilda Banken AB Earnings Press Conference Transcript

Apr 30, 2019 / 07:00AM GMT
Release Date Price: $9.75
Christoffer Geijer;publ.;Head of IR
Skandinaviska Enskilda Banken AB

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Welcome to SEB's results presentation for the first quarter. We'll do the customer presentation followed by Q&A, and then we'll do bilateral interviews with media following. With that, I hand over to our CEO, Johan Torgeby.

Johan Torgeby;publ.;President
Skandinaviska Enskilda Banken AB;CEO & Director

()- -

Thank you, Christoffer, and a warm welcome to everyone to this year's first quarterly report.

To start, I'd like to put the quarter in context for what's happened in the financial markets, and we would classify it as being a mixed quarter. Remember that in December, we had a very sharp drop in the equity markets and uncertainly got really introduced about the future business cycle. We saw a very healthy recovery during the first quarter and that's clearly a sign of strength coupled with tightening of credit spreads. So both equity markets and credit markets clearly had a big sigh of relief and

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