SEB Expands into Poland
Skandinaviska Enskilda Banken, SEB, has acquired a strategic stake in the Polish bank, Bank Ochrony Srodowiska (BOS), acquiring 31.9 per cent of the shares and votes. BOS, which was founded in 19990, is a medium-sized bank with its head office in Warsaw. It is active both in corporate and private segments. As of June 30, 2000, BOS had total assets of MSEK 9.635, 1,660 employees and 55 branches.