SEB Pank, Estonia’s second largest commercial bank, finished 2023 with a profit of €231.7mn, similarly to Swedbank which more than doubled its profits against last year from €115.9mn, ERR.ee, the website of national Estonian broadcaster ERR, reported on January 25. SEB’s operating income totalled €356mn – up from €206.9mn in 2022 – and operating expenses €78.4mn – up from €69.1mn on year, the bank announced Thursday, 25 January. Income tax was calculated at €47.1mn in 2023, up from €19.8mn year on year. In 2023, SEB paid a total of €64.5mn in various taxes to the Estonian state. According to S…