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
External links
- Länsförsäkringar Bank - Official site
References
- Årsredovisning 2022 Länsförsäkringar Bank, 2023-03-17^
- Historik för: Länsförsäkringar Bank Swedish Bankers' Association, retrieved 2023-05-24^
- Historik för: WASA Banken Swedish Bankers' Association, retrieved 2023-05-24