Published: 2 Sep 11 14:56 CET | Print version
Online: http://www.thelocal.se/35922/20110902/
Swedish banking giant Nordea’s decision to stop all cash handling at certain offices is exposing staff to threats and offensive behaviour, according to the Financial Sector Union of Sweden (Finansförbundet).
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Sweden's largest business confederation has gone out guns blazing, criticizing politicians for not facing up to the challenges of "a lost year for Swedish exports" in 2012. READ () »
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Swedish clothing giant H&M is looking into the possibility of sourcing its production to South America, Central America, and even Africa, chief executive Karl-Johan Persson said on Monday. READ () »
Gas pipeline firm Nord Stream will hold an information meeting on the Baltic island of Gotland on Monday to introduce a proposal to extend its controversial gas pipeline project. READ () »
Sweden tops a list of countries that risk suffering a housing market crash, Germany's Commerzbank has warned, citing the slackening off of Swedish property prices as a harbinger of a potential downswing. READ () »
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Ingrad Kamprad, the founder of Swedish furniture giant Ikea, finished fifth on the Bloomberg Billionaires Index published on Friday, with an estimated fortune of $55.6 billion. READ () »
A Swedish man is facing a five-million kronor ($750,000) add-on to his tax bill after the authorities took a proper look at his account on the professional networking site LinkedIn. READ () »
The first Ikea store to open in India may not be ready for years, with the India head of the Swedish furniture giant prepared to wait until the the perfect location is found for the first of the 25 planned stores. READ () »
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Let a bank who wants the business take over.
In general, I have found service in Sweden to be overwhelmingly lousy. The Swedbank nearest me closes its doors at 4pm (1600) on weekdays. I don't know about you, but I don't leave work until 4pm. Or later. Either they want me to use my lunch hour to do my banking, which is bad because every other working stiff has to do that, too (imagine the lunch-time queues); or they want me to use my work time to do my banking, which lowers my salary or my productivity/efficiency or both (thus slowing the economy); or they only want to serve retired people and the homeless. Genius. Pure genius.
Keep what cash that you need for your monthly expenses, and make one trip every month to deposit money in an account in Luxembourg.
The banking there has superior advantages to most banks, and when enough Swedes began to bank out of the country, the banking in Sweden will improve over night.
Luxembourg would be glad to have your banking, and perhaps devise a method whereby you could wire funds to your account as well.
The banks in Sweden are not doing anything for you, so go elsewhere.