
Sweden has a well-established banking system with a range of top banks and financial institutions.
Nordea Bank is one of the largest banks in Sweden, with a history dating back to 1820.
Handelsbanken is another prominent bank in Sweden, known for its local approach and customer-centric service.
Swedbank is a major player in the Swedish banking market, offering a wide range of financial services to individuals and businesses.
Danske Bank is a significant bank in Sweden, with a strong presence in the country's financial sector.
List of Banks in Sweden
Skandinaviska Enskilda Banken, also known as SEB, is one of the largest banks in Sweden with over 4.4 million customers.
It offers corporate, retail, and private banking services through about 200 branches in Sweden and 20 offices internationally.
SEB has four main divisions: Large Corporates & Financial Institutions, Corporate & Private Customers, Baltic division, and Life & Investment Management.
Limited Liability Companies
In Sweden, there are several banking companies that operate as limited liability companies. ABG Sundal Collier and Avanza Bank are two examples of such companies.

These companies are listed in the article section, providing a comprehensive overview of the banking landscape in Sweden. The list includes various banking companies, such as Bank Norwegian and Bank2 Bankaktiebolag.
Some of the notable limited liability companies listed include Bergslagens Sparbank, Carnegie Investment Bank, and EFG Investment Bank. These companies are all part of the Swedish banking sector.
Here's a list of some of the limited liability companies mentioned in the article section:
- ABG Sundal Collier
- Avanza Bank
- Bank Norwegian
- Bank2 Bankaktiebolag
- Bergslagens Sparbank
- Carnegie Investment Bank
- EFG Investment Bank
- Forex Bank
- Färs & Frosta Sparbank
- GE Money Bank
- ICA Banken
- Ikano Bank
- Klarna Bank AB
- Komplett Bank
- Länsförsäkringar Bank
- MedMera Bank
- Nordea
- Nordnet Bank
- Northmill Bank
- Qred
- Resurs Bank
- Rocker
- Skandiabanken
- Skandinaviska Enskilda Banken
- Sparbanken Lidköping
- Sparbanken Skaraborg
- Sparbanken Öresund
- Svenska Handelsbanken
- Swedbank
- Swedbank Sjuhärad
- Tjustbygdens Sparbank
- Varbergs Sparbank
- Vimmerby Sparbank
- Volvofinans Konto Bank
- Ålandsbanken
- Ölands Bank
Länsförsäkringar
Länsförsäkringar Bank is a unique banking and insurance service provider in Sweden. It operates through 23 regional companies, each with its own terms and prices.
You can choose from a range of services, including mortgage loans, car insurance, and home insurance.
If you're looking for a bank that offers a variety of insurance options, Länsförsäkringar Bank is a great choice.
You can manage your account online and access customer service for banking, insurance, and claims related to loss or illness.
Here are some of the services offered by Länsförsäkringar Bank:
- Mortgage loans
- Car insurance
- Home insurance
Skandinaviska Enskilda

Skandinaviska Enskilda Banken, also known as SEB, is a well-established bank with a long history dating back to 1856. It's headquartered in Stockholm, Sweden.
SEB offers a wide range of services, including corporate, retail, and private banking. They have about 200 branches in Sweden and 20 offices internationally.
The bank has over 4.4 million customers worldwide. SEB's shares are listed on the Nasdaq Stockholm stock exchange.
Sbab
SBAB is a state-owned bank that provides retail and corporate banking services with a focus on residential mortgages.
It was established in 1985 and has grown to employ approximately 950 people across several locations in Sweden.
The bank is known for having the most satisfied mortgage customers according to the Swedish Quality Index.
For the year ended December 31, 2023, SBAB reported total assets of SEK 651 billion and a net profit of SEK 488 million.
The bank's total operating income for that year was SEK 1.25 billion.
Skandiabank
Skandiabank is a digital bank headquartered in Stockholm, established in 1994. It provides a range of banking and financial services to individuals, small businesses, and organizations.
Skandiabank offers savings accounts, personal loans, credit cards, mortgages, and pension and investment products. Its innovative approach to banking has earned it several awards for its digital banking platform.
Skandiabank is owned by the Skandia Insurance Company.
Bank Names
Swedbank is one of the most popular banks in Sweden, offering a wide range of financial services for both businesses and individuals.
SEB is another well-known bank in Sweden, providing solutions tailored to various industries, from business banking to personal finance management.
Handelsbanken is a leading bank in Sweden, maintaining a strong digital presence and secure platforms for smooth transactions.
These banks, including Swedbank, SEB, and Handelsbanken, can be easily accessed through their websites, listed in the comprehensive database of popular banks in Sweden.
Members
As a bank customer, you're probably curious about the different types of bank members. Some banks are member-owned, meaning they're owned by their customers.
These member-owned banks are often more community-focused, with profits going back into the community.
A great example is the Bank of North Dakota, which is owned by the state and its citizens.
SEB
SEB is a leading northern European bank group that excels in private banking and corporate clients. They offer a basic personal account for 50 SEK a month, but it's free for those under 24.
Their services include the usual banking features, plus a Swedish mobile wallet called Swish, which ensures safe and easy transfers.
Nordea
Nordea Bank is one of Sweden's leading banks, ideal for everyday banking.
Their website states that when opening an account, you might get asked why you need the account in the first place, which is just part of their regular procedure.
The Vardagspaketet is their most popular service, costing 39 SEK per month.
It includes a current account called Personkonto, where you can deposit your salary, pension, or something else.
You can link your Personkonto to your card and to Swish as well.
The Nordea Mobile app and Nordea Netbank services are also included in this package.
Students get this package free of charge.
Popular

In Sweden, you'll find some of the most popular banks in the world. Swedbank is one of the largest banks in the country.
These banks offer a wide range of financial services for both businesses and individuals. They have solutions tailored to various industries, from business banking to personal finance management.
Swedbank, SEB, and Handelsbanken are some of the most well-known banks in Sweden. They maintain a strong digital presence and secure platforms, ensuring smooth transactions.
You can easily find these banks' website URLs and location addresses. This makes it simple to connect with the financial institutions that offer services like corporate lending and international trade financing.
These banks also provide wealth management services and support industries across Sweden with personalized solutions for financial and business growth.
Rankings and Lists
In Sweden, you'll find several notable banks operating from Stockholm, the country's capital city.
Swedbank, Handelsbanken, SEB, Nordea Bank, and Länsförsäkringar Bank all have their operational headquarters in Stockholm.
Ikano Bank, on the other hand, is based in Malmö, a city located in southern Sweden.
Westra Wermlands Sparbank is situated in Arvika, a smaller town in western Sweden.
Ålandsbanken is based in Mariehamn, the capital of the Åland Islands, a self-governing region of Sweden located in the Baltic Sea.
Here's a list of the top banks in Sweden, grouped by their operational headquarters:
Leading Services and Contact Information
In Sweden, you can bank with some of the world's largest and most respected financial institutions.
Handelsbanken, a Swedish bank with a long history, offers a range of services including corporate banking, investment banking, and private banking.
Swedbank has a strong presence in Sweden and offers services such as mortgages, credit cards, and online banking.
Nordea Bank has a wide range of services including personal banking, corporate banking, and investment banking.
If you need to contact one of these banks, you can find their customer service numbers and email addresses online.
Savings and Online Accounts
Savings banks in Sweden offer a range of online services to their customers. Many savings banks have their own online banking platforms, allowing customers to manage their accounts, pay bills, and transfer funds securely.
Some savings banks in Sweden have been around for over a century, such as Almundsryds Sparbank, which was founded in 1865. This long history of service has earned them a reputation for stability and trustworthiness.
If you're looking for a savings bank with a strong online presence, you might want to consider Sparbanken Alingsås, Sparbanken Boken, Sparbanken Gotland, Sparbanken Gute, Sparbanken i Enköping, Sparbanken i Karlshamn, Sparbanken Nord, Sparbanken Syd, Sparbanken Tanum, Sparbanken Tranemo, or Sparbanken Västra Mälardalen, all of which offer online banking services.
Here are some examples of savings banks in Sweden that offer online banking services:
- Almundsryds Sparbank
- Sparbanken Alingsås
- Sparbanken Boken
- Sparbanken Gotland
- Sparbanken Gute
- Sparbanken i Enköping
- Sparbanken i Karlshamn
- Sparbanken Nord
- Sparbanken Syd
- Sparbanken Tanum
- Sparbanken Tranemo
- Sparbanken Västra Mälardalen
Savings
Savings banks have a long history in Sweden, with many small banks operating across the country. One notable example is the number of savings banks that exist in Sweden.

There are numerous savings banks in Sweden, with over 50 listed in the article section. Some of the savings banks include Almundsryds Sparbank, Attmars Sparbank, and Bjursås Sparbank.
These savings banks offer a range of services to their customers, including savings accounts and loans. Many of these banks have been in operation for decades, serving their local communities.
Some of the savings banks listed have names that reflect their geographical location, such as Kinda-Ydre Sparbank and Långasjö Sockens Sparbank. Others have names that indicate their affiliation with a larger organization, such as Sparbanken Alingsås and Sparbanken Syd.
Here is a list of some of the savings banks listed in the article section:
- Almundsryds Sparbank
- Attmars Sparbank
- Bjursås Sparbank
- Kinda-Ydre Sparbank
- Långasjö Sockens Sparbank
- Sparbanken Alingsås
- Sparbanken Syd
These savings banks are an important part of Sweden's financial landscape, providing services to individuals and businesses across the country.
Top Online Accounts
If you're looking for top online accounts in Sweden, you have several options to choose from. N26 is a mobile bank with no physical branches that values secure and convenient transactions, offering a free basic account option.

Some digital banks in Sweden worth considering are Lunar and Northmill. Lunar has over 650,000 users in Nordic countries only and offers different discounts and cashback offers.
Here's a quick rundown of some popular online accounts in Sweden:
These online accounts offer a range of benefits, from convenient transactions to discounts and cashback offers.
Frequently Asked Questions
Which bank is best in Sweden for foreigners?
For foreigners in Sweden, ICA Banken, Länsförsäkringar bank, and Skandiabanken are top options, but the best choice depends on your deposit amount. Consider researching each bank's specific requirements and services to find the best fit for your needs.
Can a US citizen open a bank account in Sweden?
To open a bank account in Sweden, you don't need a Swedish personal identity number or address, but the bank must verify your identity. US citizens can open a bank account in Sweden, but the bank will need to confirm their identity.
What is the safest bank in Sweden?
Handelsbanken is considered the safest bank in Sweden, known for its strong balance sheet and long-term approach to maintaining high credit quality.
Featured Images: pexels.com