Svenska Handelsbanken

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Svenska Handelsbanken


one of the largest commercial banks in Sweden. In the mid-1970’s the Svenska Handels-banken was the second largest Swedish private joint-stock bank in terms of total assets. It was founded in 1871 as the Stock-holms Handelsbank, with share capital of 1 million kronas. It received its present name in 1919.

Since its inception, the Svenska Handelsbanken has absorbed several small and medium-sized banks. In 1973 it granted approximately 50 percent of its credits to enterprises in various branches of industry and foreign and domestic trade and large credits to housing construction. It participates in various multinational consortium banks, such as the Nordic Bank (London), Nordfinanz-Bank (Zurich), and Manufacturers-Hanover Bank Nordique (Paris). It has 495 branches in Sweden and seven representative offices abroad, including one in Moscow. At the end of 1974 the Svenska Handelsbanken had assets of 29.7 billion kronas, deposits of 19.8 billion kronas, loans of 15.2 billion kronas, and total capital, including reserves, of 900 million kronas.


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Newcastle's Swedish bank Handelsbanken has appointed a new corporate manager to further strengthen its successful team.
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The Nordic subsidiary of entrepreneur Bob Edmiston's vehicle import business has secured a pounds 14 million funding package from the Birmingham office of Handelsbanken.
Professor Jan Eklof, coordinator of the survey, said: "This survey shows that customer satisfaction with Handelsbanken is significantly higher than the industry average and that the bank's customers are also very loyal.
THE 32nd UK branch of Swedish bank, Svenska Handelsbanken, has declared itself open for business in Tees Valley.
Swedish bank Handelsbanken has funded its first major scheme in Swansea by backing the latest phase of a highly successful new pounds 6.
A five-year asset finance package provided to transport group Go Ahead by Swedish bank Handelsbanken has resulted in the purchase of 74 new buses.
Handelsbanken, the Swedish bank has further expanded its team with the appointment of Donna Orrick from Washington.