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 and published by the Sveriges Riksbank, the country's central bank.

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

Overview 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.

Major banks

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

Handelsbanken SEB Swedbank Nordea Danske Bank

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 (Handelsbanken); SEB Kort Bank AB (SEB); Swedbank Hypotek AB and (Swedbank); Nordea Finans Sverige AB and Nordea Hypotek AB (Nordea); and Danske Hypotek AB (Danske Bank).

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

Medium-sized banks

Based on the Finansinspektionen classification of banks into four categories as of , by decreasing score of systemic importance:

Category 2

SBAB Bank AB, a government-owned bank, including subsidiary AB Sveriges Säkerställda Obligationer Kommuninvest i Sverige AB, credit arm of Kommuninvest Länsförsäkringar Bank AB, including subsidiaries Länsförsäkringar Finans AB and Länsförsäkringar Hypotek AB Swedish Export Credit Corporation Nordnet Bank AB Avanza Bank AB Klarna Bank AB

Category 3

Skandiabanken AB

DNB Carnegie Investment Bank AB, Swedish subsidiary of DNB Bank

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

Smaller banks

The list below is derived from the Riksbank's update at . As of , these banks were designated by Finansinspectionen as Category 4.

Commercial banks

0to9 AB

Hoist Finance AB ICA Banken AB Ikano Bank AB

, subsidiary of Kooperativa Förbundet

Resurs Bank AB

, subsidiary of Siemens Financial Services

, subsidiary of Telia Company , with three subsidiaries (Goldcup 37337 AB, TF Bank Nordic AB, Yieldloop AB) , Swedish subsidiary of Toyota , part-owned by Volvo Cars

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.

Cooperative banks

JAK Medlemsbank

Savings banks

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.

Åse Viste Sparbank

Ekeby Sparbank

Hälsinglands Sparbank Häradssparbanken Mönsterås Högsby Sparbank

Kinda-Ydre Sparbank

Lekebergs Sparbank

Markaryds sparbank Mjöbäcks Sparbank

Sidensjö sparbank

Södra Hestra Sparbank

Sparbanken Boken

b

Sparbanken Tanum

Tidaholms Sparbank

Valdemarsviks Sparbank

Westra Wermlands Sparbank

Foreign bank branches

EEA branches

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

Aareal Bank Adyen Aion Bank SA, subsidiary of UniCredit Bank of Åland Allfunds Bank Bank of America Merrill Lynch International DAC, subsidiary of Bank of America Bank of China (Europe) S.A., subsidiary of Bank of China Banking Circle S.A. Barclays Bank Ireland PLC, subsidiary of Barclays Bigbank BNP Paribas Citibank Europe plc, subsidiary of Citigroup Crédit Agricole Corporate and Investment Bank, subsidiary of Crédit Agricole Deutsche Bank DNB Bank Euroclear Bank Express Bank, subsidiary of BNP Paribas Facit Bank

Goldman Sachs Bank Europe SE, subsidiary of Goldman Sachs HSBC Continental Europe, subsidiary of HSBC , subsidiary of JPMorgan Chase Joh. Berenberg, Gossler & Co. KG

Landesbank Hessen-Thüringen Girozentrale NatWest Markets NV, subsidiary of NatWest Markets Northern Trust Global Services SE, subsidiary of Northern Trust Pareto Bank PBB Deutsche Pfandbriefbank RCI Banque Santander Consumer Bank AS, subsidiary of Santander Bank Société Générale Standard Chartered Bank AG, subsidiary of Standard Chartered , subsidiary of Toyota Trade Republic Bank UBS Europe SE, subsidiary of UBS

Third-country branches

As of , no bank established outside the EEA had branches in Sweden, or "third-country branches" in EU parlance.

Policy banks

The Sveriges Riksbank and Svenska Skeppshypotekskassan () are designated as monetary financial institutions under Swedish law, but they are not within the scope of EU Capital Requirements Directives.

Defunct banks

Stockholms Banco (1657-1667) Östgöta Enskilda Bank (1837-2011) (1837-1972) Skandinaviska Banken (1864-1972) (1867-1933) (1868-1913) (1871-1940) (1873-1918) (1922-1937) Sveriges Kreditbanken (1923-1974) (1949-1988) (1960-1974) (1967-1989) PK-Banken (1974-1990) Nordbanken (1986-1997) (1992-1997) HQ Bank (2006-2010) (2010-2014)

See also List of banks in Europe List of banks in the euro area

References

External links Details of banks and lending companies in Sweden List of banks in Sweden with SWIFT codes and contact information Contact details of Swedish banks Details of all private lenders in Sweden Details and offers for Swedish private lenders Details of lending companies in Sweden Details and offers of private lenders in Sweden