Swedbank AB engages in the provision of financial products and services. It operates through the following segments: Swedish Banking, Large Corporates & Institutions, Baltic Banking, and Group Functions & Others. The Swedish Banking segment caters to customers through digital channels and branches as well as through cooperating savings banks and franchises. The Large Corporates & Institutions segment develops corporate and capital market products for the rest of the bank and the savings banks. The Baltic Banking segment handles customers located in Estonia, Latvia, and Lithuania. The Group Functions & Others consists of centralized business support units such as Group Products, Group Staffs, and Ektornet. The company was founded by Eduard Ludendorff on October 28, 1820 and is headquartered in Stockholm, Sweden.