Länsförsäkringar Bank

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Länsförsäkringar Bank is a Swedish retail bank. As of 2022 it was the fifth largest retail bank in Sweden.<ref>Template:Cite report</ref> The bank is owned by the customer owned insurance group of the same name, Länsförsäkringar.

History

Länsförsäkringar Bank was started in 1996.<ref>{{#invoke:citation/CS1|citation |CitationClass=web }}</ref> In 1998 Länsförsäkringar merged with the Wasa insurance company, alongside this Länsförsäkringar Bank was merged with WASA Bank.<ref>{{#invoke:citation/CS1|citation |CitationClass=web }}</ref>

In December 2022 Länsförsäkringar Bank was fined 90 million SEK by the Financial Supervisory Authority due to insufficient controls against money laundering.<ref>Template:Cite news</ref>

References

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