Cost/income ratio of SEB 2009-2023
The cost/income ratio of the SEB decreased overall between 2009 and 2023, albeit with slight fluctuations. The highest ratio during this period was observed in 2010 at 0.65 percent. In 2019 and 2020, the ratio was at 0.46 percent, while it declined to 0.34 in 2023, the lowest rate recorded during this period. The declining ratio since 2010 indicates that the bank has become more cost-efficient over the observed period.