STOCKHOLM: The Board of Ratos AB has decided on new financial targets based on the previously announced decision to steer the direction of operations towards becoming a business group with a long-term perspective. Ratos currently has an “eternal” ownership horizon and invests to build value over the long term. “After reviewing the investment strategy implemented…
Tag: financial targets
SEB revises financial targets to support customers through increased financial flexibility
STOCKHOLM: Skandinaviska Enskilda Banken (SEB) Board of Directors has revised the financial targets for the group, with the objective to create further financial flexibility to better support the bank’s customers over time. According to the new targets, the bank will maintain a Common Equity Tier 1 capital ratio of 100-300 basis points above the regulatory…