Ålandsbanken Grows in Sweden with Personal Service; MG Launches New Electric SUV

Ålandsbanken is experiencing significant growth in the Swedish market by emphasizing personalized service, a strategy that differentiates it from larger competitors increasingly focused on digital solutions. The bank concentrates on Premium Banking for clients with at least SEK 1 million under management and Private Banking for those exceeding SEK 10 million. Christian Lindahl, Head of Private Banking Sweden, emphasizes the bank's role as a comprehensive financial advisor for entrepreneurs and families. This approach has resulted in a doubling of the bank's Private Banking business in recent years, according to Dagens industri. In separate news, MG is introducing its new all-electric SUV, the MGS5 EV, to the Swedish market. This vehicle, built on a dedicated electric platform, has achieved a five-star safety rating in the 2025 Euro NCAP crash test. The MGS5 EV offers two battery options: a standard battery providing a range of up to 340 kilometers, and a long-range version with a range of 465 to 480 kilometers. Both batteries support rapid charging, reaching 80 percent capacity from 10 percent in approximately 24 to 28 minutes. Dagens industri also reported on this news.