Med Mera AB Banken Group was founded in 1974 as a financial services company and later converted to a commercial bank.
Med Mera AB Banken Group is a wholly owned subsidiary of Med Mera AB Banken Group (previously known as MedMera Holdings PLC), a public company, listed at the Securities Exchange (SE). The bank possesses a rich heritage in banking. Having started in 1974, it evolved from a community financial institution to a publicly listed major regional commercial bank offering a full range of corporate and retail banking services.
From June 2013, Med Mera AB Banken Group shares are publicly traded in the Stock Exchange through the acquisition of its entire shareholding by I&M Group Plc (previously known as MedMera Holdings PLC), a publicly listed company.