The safest bank in Europe, and in the top three worldwide
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Handelsbanken is Europe’s safest bank, and the third safest worldwide, according to Global Finance’s ranking of the world’s safest banks. The ranking derives from an analysis of over 500 banks.
“The final position reflects Handelsbanken’s low risk level,” says Maria Hedin, Handelsbanken’s Chief Risk Officer.
A long-term mindset and stability are the cornerstones of Handelsbanken’s approach to risk and its way of running a bank.
Handelsbanken’s ranking in Global Finance’s list of the world’s safest banks represents further confirmation of the Bank’s low risk tolerance and the high levels of quality in its credit granting, but also serves as an acknowledgement of the Bank’s customers.
“We and our customers value low risk and good administrative order, and we share the same long-term perspective,” says Lars Höglund, Handelsbanken’s Head of Investor Relations and Financial Strategy.
The ranking is the result of a thorough analysis of 500 banks around the globe. First place went to DBS, second place to Oversea-Chinese Banking of Singapore, and third place to Svenska Handelsbanken.
“Our approach to risk gives us the best foundation from which to run a profitable banking business over time,” concludes Maria Hedin, Handelsbanken’s Chief Risk Officer.
More information about the ranking
Global Finance’s “World’s 50 Safest Commercial Banks” is an annual ranking of the 50 safest commercial banks worldwide. The list does not include banks majority-owned by governments or regions.
Link to Global Finance’s press release
For further information, please contact:
Lars Höglund, Head of Investor Relations & Financial Strategy, +46 70 345 51 70
Viktoria Aastrup, Head of Group Media Relations, +46 73 043 51 59
For more information about Handelsbanken, see: www.handelsbanken.com