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TOP ESTONIAN ENTERPRISES

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Swedbank AS<br />

The Most Competitive<br />

Financial Brokerage<br />

Enterprise<br />

2009<br />

Photo: Toomas Tuul<br />

PRIIT PERENS<br />

An organisation<br />

capable of change<br />

SWEDBANK AS 2008:<br />

Priit Perens, the manager of Swedbank<br />

in Estonia, says that he has<br />

never knowingly imagined himself as<br />

a bank manager, but rather considers<br />

himself to be a financial and enterprise<br />

banking specialist. Retail banking<br />

was a new and interesting world<br />

for him to thoroughly dive in. If we<br />

look at the previous year, a memorable<br />

and very visible change took<br />

place in the Estonian banking world –<br />

while the year began as Hansapank,<br />

by the turn of the year the bank carried<br />

the name Swedbank.<br />

Sales (th EEK) 15,553,500<br />

Change in sales 103.3 %<br />

Net profit (th EEK) 6,109,100<br />

Change in net profit 82.9 %<br />

Number of employees 8,326<br />

Investments (th EEK) 886,200<br />

Return on equity 18.8 %<br />

61

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