The buy will help it boost its presence in Eastern Europe, it said.
Integration is expected to start next year, pending regulatory approvals.
SEB, the core holding of the powerful Swedish Wallenberg family, was one of the first Nordic banks to establish a presence in the Eastern European country with the acquisition of small Ukrainian Bank Agio in 2005.
Its expansion in the region, starting in the Baltics in the late 1990's, has mainly been driven by the growing business of SEB's corporate customers in the Nordic home markets, the Baltic countries and in Germany.
The discovery of the submarine has unveiled a few "inconsistencies." For example, how can one explain the fact that the sub was found where it needed to be searched for from the start?
When on a state visit to Singapore, Russian President Vladimir Putin promised to revisit the discussion of the 1956 Declaration between the USSR and Japan regarding the issue of the peace treaty with Japan
The TurkStream, which runs along the bottom of the Black Sea from Russia's Anapa to Turkey, will consist of two lines, each with a capacity of 15.75 billion cubic meters of gas a year