SEB Lending Profit Meets Estimates as Fees Offset Low Rates

Swedish lender SEB AB reported profit from lending in the fourth quarter that was in line with estimates as fee and commission business helped offset the impact of lower interest...

By Evelina Youcefi · Bloomberg Markets

Swedish lender SEB AB reported profit from lending in the fourth quarter that was in line with estimates as fee and commission business helped offset the impact of lower interest rates.