Swedish Banks Make Money Ditching Cash as Krona Goes Virtual

If you’re looking for Swedish cash, don’t go to a Swedish bank. Most of the country’s biggest lenders, SEB AB, Swedbank AB (SWEDA) and Nordea Bank AB (NDA), have stopped manual cash-handling services in 65 percent to 75 percent of their local branches. They say cash is out as Swedes rely on cred…

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Swedish Banks Make Money Ditching Cash as Krona Goes Virtual

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