SEB, one of the Baltic's major banking presences, has been named number one bank for Latvia and
Lithuania in the category "World's Best Emerging Market Banks in
Central and Eastern Europe 2008" by Global Finance magazine.
Selection criteria included growth in
assets, profitability, geographic reach, strategic relationships,
customer service, new business development, competitive pricing and
innovation in products and - vitally this year - the ability to weather
an economic and financial storm.
Global Finance Magazine's
annual surveys rank the performance of the best banks around the
world, and the awards are made after consultations with
bankers, corporates and equity and credit analysts worldwide.