By Dominic Chopping

STOCKHOLM--Swedbank AB said Wednesday that it has signed a declaration of intent with Swedish insurance and savings provider Folksam to jointly explore opportunities to extend their existing collaboration.

The two companies already have a long-established commercial collaboration in areas such as asset management and non-life insurance and will now look to create further products in areas such as lending and insurance, the bank said.

Write to Dominic Chopping at dominic.chopping@wsj.com

(END) Dow Jones Newswires

February 15, 2023 04:13 ET (09:13 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.
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