Banking system and the stock exchange of Sweden
The Swedish bank sector has a very developed structure. All banks operating in the country are divided into four categories: joint-stock, foreign, savings and cooperative. The market of bank payment services in Sweden is mostly represented by electronic and mobile transactions made by debit or credit cards. Presence of the Swedish banks in Russia and Ukraine in 2012 was reduced due to huge credit losses which were approved to the individuals in 2009 – 2010. Stockholm stock exchange dominates the Swedish stock exchange market.