In 2006 SEB launched a new branch in Riga, Latvia. Latvia is one of our home markets and therefore a very important market in progress. The branch is a part of Group Operations with a staff of 2500 worldwide. From our branch in Riga we provide operational services for our sites in Stockholm, Paris, London, Warsaw, Copenhagen, Oslo, Helsinki, New York and Singapore. The branch currently consists of about 100 employees and we continue to expand.