"SEB's second quarter result is a testimony to the investments we have
made
over the past years in our franchise and broader customer base", says
Annika
Falkengren, SEB's President and CEO, commenting on the second
quarter.

"This quarter we saw a cautiously more positive business sentiment
among our
customers with activity levels picking up. SEB has continued to
attract
customers in all markets."

"We have further added to our strong
capital ratios and at the same time
improved return on equity. We stay true to
our strong belief that long-term
customer relationships drive competitive and
sustainable profitability."

Operating income amounted to SEK 10.6bn, which was
7 per cent higher from the
second quarter last year and 11 per cent up on the
previous quarter. Operating
expenses, at SEK 5.6bn, were 3 per cent lower from
a year ago and unchanged from
the previous quarter. Operating profit amounted
to SEK 4.8bn, up 23 per cent
from the second quarter 2012 and 29 per cent from
the previous quarter.

Provisions for credit losses amounted to SEK 0.3bn,
corresponding to a net
credit loss level of 9 bps. Non-performing loans were 24
per cent lower than a
year ago.

The liquidity coverage ratio was 114 per cent,
the core liquidity reserve
amounted to SEK 411bn and the total liquid resources
were SEK 686bn.

The Core Tier 1 capital ratio was 16.1 per cent according to
current regulation.
The Common Equity Tier 1 ratio was 14.2 per cent (Basel
3).

Return on equity in the quarter was 14.0 per cent and earnings per
share
SEK 1.73.

Download Annika Falkengren's presentation
     here:
http://www.sebgroup.com/Documents/Investor_Relations/Presentations/Interim
     /Press
Conference_2013_Q2.pdf

Download
Fact Book
     here:
http://www.sebgroup.com/Documents/Investor_Relations/Factbook/2013_Q2_fact
     book.p
df


For further information, please contact
 Jan Erik Back, CFO, +46 8 22 19 00

Ulf Grunnesjö, Head of Investor Relations,
 +46 8 763 85 01; +46 70 763 85 01

Viveka Hirdman-Ryrberg, Head of Corporate
 Communication, +46 8 763 85 77, +46
70 550 35
     00

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SEB is a leading Nordic financial services group. As a relationship bank, SEB

in Sweden and the Baltic countries offers financial advice and a wide range of

financial services. In Denmark, Finland, Norway and Germany the bank's

operations have a strong focus on corporate and investment banking based on a

full-service offering to corporate and institutional clients. The

international nature of SEB's business is reflected in its presence in some
 20
countries worldwide. At 30 June 2013, the Group's total assets amounted to

SEK 2,596 billion while its assets under management totalled SEK 1,387

billion. The Group has around 16,000 employees. Read more about SEB at

http://www.sebgroup.com.



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