18 November 2025
According to decisions by the Swedish Tax Agency, Swedbank has paid too much VAT for the years 2019, 2020, 2022 and 2023. The Swedish Tax Agency therefore reimburses a total of SEK 837 million to Swedbank, which reduces Swedbank's costs by the same amount in the fourth quarter of 2025.
The Swedish Tax Agency has approved a new method for calculating deductible VAT. Swedbank earlier this year received similar VAT refunds for 2016-2018 and has also communicated that the bank had applied for a refund for 2019-2023. Swedbank is thereby awaiting a decision regarding 2021.
Contact:
Maria Caneman, head of Investor Relations, tel: +46 72?238 32 10, e-mail: maria.caneman@swedbank.se?
Love Liman Jacobsson, press officer, tel: +46 72?233 92 32, e-mail: love.liman.jacobsson@swedbank.se
Swedbank empowers the many people and businesses to create a better future. Our vision is a financially sound and sustainable society. Swedbank Group is the leading bank with over 7 million retail customers and 550?000 corporate customers in our four home markets: Sweden, Estonia, Latvia and Lithuania. Swedbank Group is also present in other Nordic countries, the U.S. and China. Together we make your financial life easier. Find out more: www.swedbank.com