Swedbank to acquire the remaining stake in Entercard from Barclays for SEK2.6bn.

Swedbank, a Swedish multinational banking group, agreed to acquire the remaining stake in Entercard, a consumer credit company, from Barclays, a diversified bank, for SEK2.6bn ($271m). "Today we are forming the largest card business in the Nordics and Baltics. Through this acquisition, Swedbank continues to invest in and develop our business. This creates even greater opportunities to strengthen our customer offering," Tomas Hedberg, Swedbank Deputy CEO.