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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Q2 2019 Skandinaviska Enskilda Banken AB Earnings Call Transcript

Jul 12, 2019 / 11:00AM GMT
Release Date Price: $9.54
Operator

Ladies and gentlemen, thank you for standing by and welcome to the SEB Q2 2019 results call. (Operator Instructions)

And I would now like to hand the conference over to your speaker today, Johan Torgeby. Thank you, please go ahead, sir.

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

()- -

Thank you, and welcome everyone to today's phone conference. So I'll just start with a quick summary of this quarter and then we'll open up for Q&A.

So we characterize this quarter as driven strongly by high client activity and we saw it being a broad-based activity lift. Particularly, we saw higher demand for borrowings and higher demand for capital markets financing.

On the mortgage side, not to be mixed up with general market, which has come down in growth rates over the last 6 months, we have performed a little bit better in the last 5 months and are now back on track where new sales are in line with our natural market share.

We definitely got help this

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