The big four Swedish banks

Swedish banks break profits record

The biggest Swedish banks made record profits last year, according to an overview by the Financial Supervisory Authority, (Finansinspektionen) released on Monday.

Sweden's four largest banks - Nordea, Handelsbanken, Swedbank and SEB - reported a combined profit of SEK 86.1 billion, up nine per cent on a year ealier.

The big four banks' previous profit record was reached in 2007, prior to the financial crisis.

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