1900- Head offices at Kungsträdgårdsgatan

1900-1910
The banks stopped issuing their own bank notes, and the Swedish Central Bank took over the issue of notes. Kreditbolaget allocated SEK 75,000 to a fund for pensions and relief for employees, and merged with Industrikreditbolaget in Stockholm.

1910-1920
Kreditbolaget merged with Skånes Enskilda Bank. In 1915 SEB moved its head office to Kungsträdgårdsgatan. In 1917 Kreditbolaget merged with Sveriges Privata Centralbank in Stockholm and moved its central office to Gustav Adolfs Torg. At the beginning of 1920 Kreditbolaget had 143 branches and the balance-sheet total was almost SEK 1.5 billion.

1920-1930
For the first time the banks closed on Christmas Eve. Sweden was affected by a severe recession, and several banks got into difficulties.