1. Figure 1. Return on equity and core capital in selected major European stock listed banks. 2002-2004

2. Figure 2. Income generation in selected major European stock listed banks. 2002-2004

3. Figure 3. ATMs and ATM withdrawals per capita in the EU-15 countries

4. Price-to-book values and PE-ratios for selected major European stock listed banks. 2002-2004

5. Concentration and relative size of domestic banking sectors in the EU15 countries* *Not including Luxembourg

6. Number of bank branches and bank employees per capita in the EU15 countries* *Not including France and Luxembourg

7. Swedish banks in an international perspective
Average profitability, low risk and high cost efficiency but relatively weak income generation
The Swedish banking sector seems to be relatively efficient and competitive
Somewhat lower valuation probably due to perceived limited potential for growth/improvement
Future: efficient distributors or product innovators and risk takers?