Divestment of private and life insurance operations in Finland finalised
On 31 May 2023 Handelsbanken entered into an agreement to divest the private and life insurance operations in Finland. The divestments have now been completed and the operations have been transferred to S-bank Abp and Fenni Life Insurance, respectively. The transactions included lending volumes of approximately EUR 2.5 billion (SEK 28 billion), corresponding to a risk weighted exposure amount of approximately EUR 1.0 billion (SEK 11 billion), as well as deposit volumes of approximately EUR 0.9 billion (SEK 10 billion) and total assets under management of approximately EUR 2.0 billion (