# Svea Bank

> Legal entity — legal form BYQJ, registered in SE

**Wikidata**: [Q10408304](https://www.wikidata.org/wiki/Q10408304)  
**Source**: https://4ort.xyz/entity/svea-bank

## Summary
Svea Bank is a Swedish financial institution and collection agency headquartered in Stockholm, founded in 1981. It operates as a bank and business under the legal form of an *aktiebolag* (public limited company), providing financial services and debt collection solutions primarily in Sweden.

## Key Facts
- **Founded**: 1981 in Sweden.
- **Headquarters**: Stockholm, Sweden.
- **Legal Form**: *Aktiebolag* (public limited company).
- **Official Name**: Svea Bank AB (publ).
- **Industry**: Collection agency and banking operations.
- **Swedish Organization Number**: 556158-7634.
- **Legal Entity Identifier (LEI)**: 54930034HWW2QC4U7Z48.
- **OpenCorporates ID**: se/556158-7634.
- **Website**: [https://svea.com/](https://svea.com/).
- **Wikipedia Presence**: Articles in Norwegian (no) and Swedish (sv).
- **Image**: [Svea Ekonomi store on Klarabergsgatan, Stockholm](https://commons.wikimedia.org/wiki/Special:FilePath/Svea_Ekonomis_butikk_p%C3%A5_Klarabergsgatan_i_Stockholm.jpg).
- **Google Knowledge Graph IDs**: `/g/11dyhrdp1`, `/g/12ckhn5mq`.
- **VIAF ID**: 143654517.

## FAQs
**What is Svea Bank’s primary business?**
Svea Bank is a Swedish financial institution specializing in banking operations and debt collection services. It operates as both a bank and a collection agency, serving businesses and individuals in Sweden.

**When and where was Svea Bank founded?**
Svea Bank was established in 1981 and is headquartered in Stockholm, Sweden.

**What is the legal structure of Svea Bank?**
The bank is organized as an *aktiebolag* (public limited company) under Swedish law, with the official name Svea Bank AB (publ).

**What identifiers are associated with Svea Bank?**
Key identifiers include:
- Swedish Organization Number: 556158-7634
- Legal Entity Identifier (LEI): 54930034HWW2QC4U7Z48
- OpenCorporates ID: se/556158-7634
- VIAF ID: 143654517

**Does Svea Bank have an international presence?**
While primarily operating in Sweden, Svea Bank’s services may extend to Nordic markets, though its core operations are Swedish-focused.

## Why It Matters
Svea Bank plays a critical role in Sweden’s financial ecosystem by providing banking services and specialized debt collection solutions. As a hybrid institution—functioning as both a bank and a collection agency—it bridges gaps in financial recovery and liquidity management for businesses. Its long-standing presence since 1981 underscores its stability and adaptability in Sweden’s evolving financial sector. For businesses, Svea Bank offers tools to manage receivables, while for consumers, it provides structured financial services, contributing to economic efficiency.

## Notable For
- **Dual Operations**: One of few institutions in Sweden operating as both a bank and a collection agency.
- **Longevity**: Over 40 years of operation since its 1981 founding.
- **Legal Clarity**: Registered under multiple authoritative identifiers (LEI, VIAF, OpenCorporates), ensuring transparency.
- **Swedish Focus**: Deeply embedded in Sweden’s financial infrastructure with headquarters in Stockholm.
- **Public Limited Structure**: Operates as an *aktiebolag*, a common but robust legal form for Swedish businesses.

## Body

### **History and Founding**
Svea Bank was established in **1981** in Sweden, initially focusing on financial services and later expanding into debt collection. Its founding aligns with Sweden’s post-industrial financial modernization, where specialized institutions emerged to support business liquidity and credit management.

### **Legal and Corporate Structure**
- **Legal Form**: *Aktiebolag* (AB), a Swedish public limited company, ensuring regulatory compliance and shareholder governance.
- **Official Name**: **Svea Bank AB (publ)**, where "(publ)" denotes its public status.
- **Swedish Organization Number**: **556158-7634**, a unique identifier for tax and legal purposes.
- **Legal Entity Identifier (LEI)**: **54930034HWW2QC4U7Z48**, used for global financial transactions.
- **OpenCorporates ID**: **se/556158-7634**, linking it to international corporate databases.

### **Operations and Industry**
Svea Bank operates in two primary domains:
1. **Banking Services**: Traditional financial services, including deposits, lending, and transaction processing.
2. **Collection Agency**: Specialized in debt recovery and receivables management for businesses.

This dual role distinguishes it from purely retail or investment banks, catering to both financial intermediation and credit risk mitigation.

### **Headquarters and Physical Presence**
- **Location**: Stockholm, Sweden’s financial hub.
- **Image**: The bank’s physical presence includes a storefront on **Klarabergsgatan**, a central Stockholm street, as depicted in its Wikimedia Commons image.

### **Digital and Knowledge Graph Presence**
- **Website**: [https://svea.com/](https://svea.com/) serves as its primary digital interface.
- **Google Knowledge Graph IDs**: `/g/11dyhrdp1` and `/g/12ckhn5mq`, ensuring visibility in search engines.
- **VIAF ID**: **143654517**, indexing it in global library systems.
- **Wikipedia**: Covered in **Norwegian (no)** and **Swedish (sv)** editions, reflecting its Nordic relevance.

### **Regulatory and Identification Systems**
Svea Bank is cataloged in multiple authoritative databases:
- **Swedish Organization Number**: Mandatory for tax and legal compliance.
- **LEI**: Required for cross-border financial transactions under global regulations.
- **OpenCorporates**: Tracks corporate transparency and ownership.

### **Relationship to Svea Ekonomi**
While the source material references **Svea Ekonomi** (a retail store image), Svea Bank’s exact relationship to this entity is not explicitly detailed. However, the shared branding suggests a corporate affiliation or subsidiary structure.

### **Significance in Sweden’s Financial Sector**
As a **collection agency-bank hybrid**, Svea Bank addresses a niche but critical need: helping businesses recover debts while offering traditional banking. This model reduces financial friction for SMEs and large enterprises alike, contributing to Sweden’s reputation for efficient credit markets.

### **Future Outlook**
Given its **40+ years of operation** and adaptability, Svea Bank is positioned to evolve with digital banking trends, potentially expanding its fintech integrations or cross-border services within the Nordic region. Its dual-role structure may also serve as a model for other financial institutions seeking to diversify revenue streams.