History
Erik Penser Bank is a privately owned bank which offers a wide range of financial services to private and institutional investors. The Bank's business culture is based on the conviction that long-term success for the bank can only be based on the success of its customers. Erik Penser Bank has more than 100 employees and an office in Stockholm.
Mr. Erik Penser, born in 1942 and one of Sweden's most influential financiers in the 1980s and early 1990s, founded the stock brokerage firm Erik Penser Fondkommission in 1994. The company became bank in 2008. Mr. Penser owns 94 per cent of the bank through his holding company Yggdrasil AB.
Business
Erik Penser Bank's services address both private and institutional investors. The bank is organized in two business areas; Wealth Management and Corporate Finance.
Wealth Management
Erik Penser Wealth Management offers modern and efficient asset management with the aim of building and developing wealth. We do this through advanced advice, effective asset management, initiated brokerage and through our exclusive family office services.
Corporate Finance and credits
Erik Penser Corporate Finance offers qualified services in connection with initial public offerings and other equity market transactions, procurement of capital (public and private), corporate transaction advice and corporate credits. The corporate lending business, which has grown considerably in recent years, has mainly consisted of bridge funding and short term real estate-related credits. Recently, the bank has initiated a factoring business. Funding is mainly obtained through public deposits. Assignment research, certified adviser services and liquidity provider services are also included in our offering to small and mid cap listed companies.
Objectives and strategy
In order to ensure long-term competitiveness, Erik Penser Bank has set a number of goals, the main ones being satisfied customers, low risk exposure and stable revenues. The bank´s strategy is focused on creating customer value by offering personalized financial solutions and personalized service.
Contacts
Erik Penser Bank, Apelbergsgatan 27, Box 7405, 103 91 Stockholm, Sweden
Tel: +46-8-463 80 00 | Email: info@penser.se
