Overview
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Description
Svenska Handelsbanken AB (publ) is one of Sweden's largest banks, offering a comprehensive range of banking products and services to private individuals, businesses, and corporations primarily in Sweden, the United Kingdom, Norway, the Netherlands, and internationally. Founded in 1871 and headquartered in Stockholm, it holds the distinction of having the oldest continuously listed share on the Stockholm Stock Exchange, with B shares being the primary traded class. The bank generates approximately three-fourths of its income from interest spread-based activities, including mortgages—where about 44% of total loans are tied to the Swedish real estate market—household loans, and corporate lending to both large enterprises and small businesses. Notable offerings encompass savings and investment accounts, mutual funds, pension products, credit and debit cards, payment services, foreign exchange, asset management, corporate finance, trade finance, green loans, vehicle and real estate financing, insurance products, and specialized services for forestry, farming, children, and young people. With around 12,224 employees, Svenska Handelsbanken AB (publ) plays a significant role in the diversified banking sector, emphasizing transactional banking, online/mobile platforms, and tailored solutions for small and medium-sized enterprises as well as large corporates.
About
CEO
Mr. Michael Green
Employees
11608
Address
KungstrAedgArdsgatan 2
11 Bermudiana Road
Stockholm, 106 70, MI
Sweden
11 Bermudiana Road
Stockholm, 106 70, MI
Sweden
Phone
46 87 01 10 00
Website
Instrument type
Common stock
Sector
Financial Services
Industry
Banks - Diversified
Country
Germany
MIC code
XBER