Wednesday, July 22, 2015

Record earnings of Handelsbanken – the Swedish Radio

Finally, among the major banks came Handelsbanken’s results today.

The operating profit was SEK 5.3 billion during the second quarter.


Bank CEO Frank Vang-Jensen says it’s a solid result and points to the bank’s international development.

– Yes it is by international developments Frank says Vagn Jensen. It means that even though we have a mighty tight situation in Sweden, because of negative interest rates, so we still have a mighty good development in the bank, says Handelsbanken’s CEO Frank Vang-Jensen.

Today Handelsbanken has what Frank Wagon-Jensen calls the six home markets.

In addition to the four Nordic countries are bank in the UK and in the Netherlands, compared to Sweden’s over 460 branches, the bank now has nearly 200 in the UK, more may be.

It also increases the profitability of the retail business the most.

The second quarter results is the highest in the Bank’s 143-year history.

Despite the increased costs for the bank in connection with the Riksbank’s negative interest rates.

– But I think we’ve handled it in a good way by our international model, says Vagn Jensen and continues:

– Then we have added more business outside Sweden, but also in Sweden.

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