This Svenska Handelsbanken AB Company Profile is the essential source for top-level company data and information. The report examines the company’s key business structure and operations, history and products, and provides summary analysis of its key revenue lines and strategy.
Svenska Handelsbanken (Handelsbanken) is a universal bank, which provides a range of banking services including commercial and investment banking services, property finance, investment, fund and asset management services. Additionally, the group provides leasing and financing for capital goods; custody services; life insurance products; and other financial services. The group operates through a network of subsidiaries primarily in the Nordic region and also in other European countries, the US and South East Asia. It is headquartered in Stockholm, Sweden and employs about 10,500 people. The group recorded revenues of SEK27,126 million (approximately $4,239.8 million) during the financial year ended December 2007, an increase of 3% over 2006. The operating profit of the group was SEK14,732 million (approximately $2,302.6 million) during the financial year 2006, a decrease of 1.1% over 2006. The net profit was SEK15,508 million (approximately $2,423.9 million) in the financial year 2007, an increase of 18.1% over 2006.
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