Handelsbanken receives extended permission for structural FX positions
Handelsbanken holds structural FX positions to hedge capital ratios against volatility in currency rates. The Bank’s permission from the Swedish Financial Supervisory Authority to exempt these positions from capital requirements, in accordance to Article 352.2 in the Capital Requirements Regulations, has now been extended to include additional currencies.The extended permission includes the Parent company and the consolidated situation of the Group. As per Q1 2023, the risk weighted exposure amount would have been around SEK 23bn lower with the extended permission, equal to around 50bp