Nordic Business Report-April 26, 2006-SEB reports Q1 operating result of SEK3,670m
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The Swedish financial group SEB issued its interim report for the first quarter on Wednesday (26 April), posting an operating result of SEK3,670m, as compared to SEK2,530m in the first quarter of 2005.
The total operating income amounted to SEK9,610m, as compared to SEK9,537m in the first quarter last year. Net interest income declined by 5% to SEK3,596m, but net fee and commission income improved by 3% to SEK3,993m.
One Swedish krona (SEK) is worth approximately 0.07 British pounds (GBP).
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