Swedbank's roots are firmly planted in the history of Sweden’s savings banks and the cooperative agricultural bank tradition. We have relationships with about 7.3 million private customers and about 600,000 corporate customers.
Swedbank is a major player in the financial market and our size makes us systemically significant. As a significant institution in the financial circulation system, we help society to develop and grow.
The spread of the coronavirus is paralysing global economies, and many countries are heading for recession. The Swedish economy will be hit hard although the government’s response is expected to be massive. It will be crucial for the government to act rapidly and with the right economic measures.
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