SEB Kort Bank AB

SEB Kort Bank AB is a Swedish specialist card-issuing bank within the SEB Group, wholly owned by Skandinaviska Enskilda Banken AB (publ). It focuses on issuing and administering consumer and corporate charge and credit cards and related financing across the Nordic region, operating in Sweden with branches in Denmark, Finland, and Norway. The bank markets products under its own and partner brands, including Eurocard, and offers corporate payment solutions such as lodge and travel accounts, purchasing and virtual cards, consolidated invoicing, and transaction data feeds that integrate with common ERP and expense-management platforms. SEB Kort Bank AB is authorised and supervised by Finansinspektionen and falls under EU and Swedish regulatory frameworks covering prudential requirements, payment services, anti-money laundering and counter-terrorist financing, and data protection; disclosures are provided through SEB Group’s annual and Pillar 3 reporting. Its revenue model is driven by interest on revolving balances, card and interchange fees, and corporate service fees, while principal risks include credit risk from consumer and corporate exposures, fraud and operational risks in payment processing, and multi-jurisdictional compliance. Funding and liquidity are managed within the SEB Group treasury framework, and the bank maintains regulatory capital and liquidity buffers in line with group policies and applicable rules. Products support e-commerce and contactless payments with strong customer authentication under PSD2, and compatibility with major digital wallets is offered where available and applicable by market and product. Customer service is provided online and by phone in local Nordic languages, and product features, pricing, and eligibility criteria vary by country and segment.