OREANDA-NEWS. December 05, 2008. Swedbank has been presented the award for Bank of the Year 2008 in Latvia by the British magazine The Banker. The Bank of the Year award recognizes and underscores positive examples in the international banking market, reported the press-centre of Swedbank.

The jury consists of The Banker’s editorial team, which, based on responses from banks in 148 countries, names a winner in each country. The awards are presented for the ninth year.

Swedbank in Sweden received the award also in 2006 and Hansabank in Latvia received it in 2005.