Handelsbanken to leave Denmark and Finland
Handelsbanken has today made the decision to cease its operations in Denmark and Finland. A process is being initiated to divest these two operations.· Together, Denmark and Finland account for 10 per cent of the income, 13 per cent of the costs, and 8 per cent of the operating profit within the Group. · The capital allocated to the operations in Denmark and Finland amounts to a total of approximately SEK 15 billion. The common equity tier 1 capital related to these operations amounts to approximately SEK 12 billion. For decades, Handelsbanken has been one of the world’s most