History
From the beginning, Stockholms Enskilda Bank mainly issued credit to industry, and soon banker's drafts were introduced to simplify the conveyance of payments. Towards the end of the 19th century, Stockholms Enskilda Bank played an active role in industrial construction, both as a lender and as an initiator. The bank took over or participated in bond loans of over SEK 80 million to the state, municipalities, industry and railways.
In some areas the bank became a pioneer of the 19th century. In 1857, Stockholms Enskilda Bank claimed to be the first bank in the world to employ women and in 1892, pensions schemes were proposed for the bank's staff.
In 1912 Stockholms Enskilda Bank was one of the founding owners of the British Bank of Northern Commerce, which specialized in fostering trade between the United Kingdom and northern Europe. In 1920 the British Bank merged with C.J. Hamros & Son to form Hambros Bank, with the Stockholms Enskilda taking shares in Hambros.
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