Länsförsäkringar Bank

Swedish banking corporation From Wikipedia, the free encyclopedia

Länsförsäkringar Bank is a Swedish retail bank. As of 2022 it was the fifth largest retail bank in Sweden.[1] The bank is owned by the customer owned insurance group of the same name, Länsförsäkringar.

History

Länsförsäkringar Bank was started in 1996.[2] In 1998 Länsförsäkringar merged with the Wasa insurance company, alongside this Länsförsäkringar Bank was merged with WASA Bank.[3]

Legal issues

In December 2022 Länsförsäkringar Bank was fined 90 million SEK by the Financial Supervisory Authority due to insufficient controls against money laundering.[4]

See also

References

External links

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