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Banking, Finance and Insurance

Vikings join the banking competition in China
By AMY CHEUNG
Published: September 27, 2006 04:30 AM
The arrival of Swedish ship Götheborg in Shanghai ushered in companies from Northern Europe along with banks that cater to the financial services they need.  As part of the SEB Group, a North European financial group with local presence in the Nordic and Baltic countries, and Germany, SEB Shanghai branch offers an extensive range of financial services mainly to clients from its home markets. Vice-President of SEB Merchants Banking with SEB Shanghai, Fredrik Hähnel, talks to Amy Cheung of The China Perspective about the bank’s future plans, competitive strategies, and its overall outlook on China’s banking sector.
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