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List of banks in Sweden

The following list of banks in Sweden is to be understood within the framework of the European single market, which means that Sweden's banking system is more open to cross-border banking operations than peers outside of the European Union. It is based on the list of Swedish monetary financial institutions as updated on 7 January 2026 and published by the Sveriges Riksbank, the country's central bank.[1]

Handelsbanken head office, Stockholm
SEB head office, Stockholm
Swedbank head office, Stockholm
Nordea Sweden head office, Stockholm
Danske Bank Sweden head office, Stockholm

Finansinspektionen is the Swedish bank supervisory authority, whereas Riksgälden, the country's national debt office, acts as bank resolution authority.[2]: 21 

Overview

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As of 2026, Sweden's banking sector includes around 87 licensed banks, consisting of domestic institutions, foreign bank branches, and specialized digital banks. The market is highly concentrated, with a small number of major banks dominating lending and deposit activity, while smaller niche and fintech banks continue to expand in areas such as consumer finance and digital services.[3]

Major banks

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As of early 2026, the Riksbank listed the following five as major banks in Sweden:[1]

The first three are banking groups headquartered in Stockholm, whereas the latter two are branches of banking groups established, respectively, in Finland and Denmark.

As of early 2026, those five groups owned the following Swedish credit institution subsidiaries: Handelsbanken Finans AB and Stadshypotek AB [sv] (Handelsbanken); SEB Kort Bank AB (SEB); Swedbank Hypotek AB and PayEx [sv] (Swedbank); Nordea Finans Sverige AB and Nordea Hypotek AB (Nordea); and Danske Hypotek AB (Danske Bank).[1]

Handelsbanken, SEB, Swedbank, and Nordea Hypotek AB were designated by Finansinspektionen as "Category 1" banks for supervisory purposes,[4]: 5  and as "other systemically important institutions" (O-SII) under the criteria of the European Banking Authority.[5]

Medium-sized banks

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Based on the Finansinspektionen classification of banks into four categories as of 30 September 2026, by decreasing score of systemic importance:[4]: 5 

Category 2

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Category 3

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Danske Hypotek AB and Nordea Finans Sverige AG, subsidiaries respectively of Danske Bank and Nordea, are also under Finansinspektionen's Category 3.

Smaller banks

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The list below is derived from the Riksbank's update at 7 January 2026.[1] As of 30 September 2026, these banks were designated by Finansinspectionen as Category 4.[4]: 5-8 

Commercial banks

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The following commercial banks, also in Finansinspektionen's Category 4, are former savings banks that have been reorganized as joint-stock companies. Most of them remain majority-owned by a savings bank foundation. By mid-2025, Swedbank owned a large minority stake in five of them.[6]: 7 

Cooperative banks

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Savings banks

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Many Swedish savings banks consolidated during the 1990–1994 Swedish financial crisis to form Swedbank, whereas the ones listed below have remained independent local credit institutions under special legislation.

Foreign bank branches

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EEA branches

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In addition to the above-mentioned major branches of Danske Bank and Nordea, the Riksbank's list of Swedish monetary financial institutions as of 7 January 2026 included Swedish branches of the following banks established elsewhere in the European Economic Area (EEA):[1]

Third-country branches

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As of 13 October 2025, no bank established outside the EEA had branches in Sweden, or "third-country branches" in EU parlance.[7]

Policy banks

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The Sveriges Riksbank and Svenska Skeppshypotekskassan (lit. 'Swedish Shipping Mortgage Bank') are designated as monetary financial institutions under Swedish law,[1][4] but they are not within the scope of EU Capital Requirements Directives.[8]

Defunct banks

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See also

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References

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  1. 1 2 3 4 5 6 "The banking system". Sveriges Riksbank. Retrieved 18 February 2026.
  2. ↑ Banks in Sweden (PDF), Swedish Bankers' Association, March 2023
  3. ↑ "Sweden banking sector overview 2026". bankvalet.se. Retrieved 2026-04-21.
  4. 1 2 3 4 Tillsynskategorisering av svenska kreditinstitut och utländska kreditinstituts svenska filialer för 2026 (PDF), Finansinspektionen, 30 September 2026
  5. ↑ "The EBA updates list of other systemically important institutions". European Banking Authority. 15 May 2025.
  6. ↑ Ouldooz Amouzgar (25 August 2025), The Savings Banks Organisation in Sweden (PDF), Berlin: Finanzgruppe Deutscher Sparkassen- und Giroverband
  7. ↑ "The EBA updates list of third-country groups and branches operating in the European Union and the European Economic Area", European Banking Authority, 13 October 2025
  8. ↑ "Directive 2013/36/EU of the European Parliament and of the Council of 26 June 2013 on access to the activity of credit institutions and the prudential supervision of credit institutions and investment firms - Current consolidated version - Article 2", EUR-Lex, p. L 176/350, 17 January 2025
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