SEB Unibanka
Encyclopedia
SEB banka owned by SEB
Skandinaviska Enskilda Banken
Skandinaviska Enskilda Banken AB is a Swedish financial group for corporate customers, institutions and private individuals with headquarters in Stockholm, Sweden. Its activities comprise mainly banking services, but SEB also carries out significant life insurance operations and also owns Eurocard...

, is one of the largest bank
Bank
A bank is a financial institution that serves as a financial intermediary. The term "bank" may refer to one of several related types of entities:...

s in Latvia
Latvia
Latvia , officially the Republic of Latvia , is a country in the Baltic region of Northern Europe. It is bordered to the north by Estonia , to the south by Lithuania , to the east by the Russian Federation , to the southeast by Belarus and shares maritime borders to the west with Sweden...

. The bank was established after regaining independence from USSR by consolidating earlier financial structures, such as Bank of Agricultural Industry. Nowadays its main rivals in the Latvian banking market are Hansabank
Hansabank
Hansabank was a bank operating in Estonia, Latvia, and Lithuania owned by the FöreningsSparbanken/Swedbank, a Swedish bank. Following a decision taken by the Swedbank group on 15 September 2008, the Hansabank name was discontinued in 2009 with all operations rebranded under the Swedbank...

a and Parex
Parex
Parex may refer to:* Parex Bank, a major Latvian bank.* PareX Parts Exchange, a Dutch company that operates a spare parts exchange for Automotive dealers in Europe* ParexLahabra...

bank.
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