Business expansion
European Union
Location of affected unit(s)
Estonia, Latvia, Lithuania
Financial Services
Financial And Insurance Activities
Financial Service Activities, Except Insurance And Pension Funding
64.1 - Monetary intermediation

500 jobs
Number of planned job creations
Job creation
Announcement Date
26 January 2023
Employment effect (start)
26 January 2023
Foreseen end date
31 December 2023


SEB Pank, a Nordic financial services group, has started a campaign to recruit 500 employees in the Baltics region. Around 100 of them will be hired for new product development and IT positions. As demand for digital solutions, including remote consulting services is increasing, SEB wants to recruit software developers, business developers, testers, UX designers and product managers among others. The recruitment is planned to take place in 2023.

SEB employs more than 1,400 people in the Baltic countries in the field of product development and technology, among whom 600 are employees in Baltic banks and 800 employees in SEB's support service centers in Latvia and Lithuania.



Eurofound (2023), SEB Pank , Business expansion in European Union, factsheet number 108606, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/108606.