Svenska Handelsbanken AB

Anna Mileiko Created by Anna Mileiko

Svenska Handelsbanken AB Logo

Address

Kungsträdgårdsgatan 2, 111 47, Stockholm, Sweden

BIC

HANDSESSXXX

Overview

Category

Commercial banks

Business Focus

universal banking

Svenska Handelsbanken (Handelsbanken) was formed in 1871 to pursue 'true banking activities' with customers in the Stockholm area and is the oldest listed share on the Stockholm Stock Exchange. Svenska Handelsbanken is a universal bank, providing retail, private, corporate and investment banking products and services to individuals, companies, corporations and institutions.

Performance

In 2023, Svenska Handelsbanken AB achieved the position of 2nd largest bank in Sweden with a market share of 14.93%; its total assets dropped by 0.11%.

Additionally, the bank became the 50th bank in relation to its loans-to-deposits (L/D) showcasing 54.17% L/D ratio in 2023.

Deposit Protection

Deposits up to 950,000 SEK are covered by Swedish deposit guarantee scheme in Svenska Handelsbanken AB.

Services

retail banking
private banking
business banking

Products

current accounts
salary accounts
savings accounts
debit cards
credit cards
investment savings accounts
pension savings
consumer loans
mortgage loans
green mortgage loans

Card Providers

MasterCard

See Also

International Transfers

SWIFT Transfers
SEPA Credit Transfers
SEPA Instant Transfers
SEPA Direct Debits
SEPA Direct Debits B2B

See Also

Ways to Bank

Svenska Handelsbanken AB delivers its products and services through both direct and indirect channels, namely:
branch branch
online banking online banking

Common Shares

Listed Entity
Sv. Handelsbanken
ISIN
SE0007100599
Stock Exchange
Nasdaq StockholmNasdaq Stockholm (XSTO)
Ticker
SHB A

See Also

Financials

Total Assets of Svenska Handelsbanken AB
Market Share of Svenska Handelsbanken AB
Total Assets (2023)
2,360.34 bln SEK   (-0.11%)
Number of Employees (2023)
6,899   (+6.02%)

Svenska Handelsbanken AB ranks as the 2nd largest bank in Sweden by total assets. In 2023 its total assets were 2,360.34 bln SEK, representing a 14.93% market share. As of 2023, the bank employed 6,899 people.

Credit Ratings

Fitch: AA
AAA
AA+, AA, AA-
A+, A, A-
BBB+, BBB, BBB-
BB+, BB, BB-
B+, B, B-
CCC, CC, C, RD, D
Moodys: Aa1
Aaa
Aa1, Aa2, Aa3
A1, A2, A3
Baa1, Baa2, Baa3, Baa4
Ba1, Ba2, Ba3
B1, B2, B3
Caa1, Caa2, Caa3, Ca

Svenska Handelsbanken AB is rated by Fitch, Moody's. Long-term credit rating assigned to the bank by Fitch is AA (very high credit quality). Long-term credit rating assigned to the bank by Moody's is Aa1 (high grade).

Deposit Guarantee

Protected Amount
up to 950,000 SEK
Guarantee Fund
Swedish National Debt Office (SNDO)Swedish National Debt Office (SNDO)
Covered Accounts
deposits in all types of accounts
Eligible Depositors
private individuals
legal entities

Svenska Handelsbanken AB protects deposits up to up to 950,000 SEK per depositor through Sweden's deposit guarantee scheme. The scheme applies to deposits in all types of accounts made by private individuals, legal entities. The bank participates in the Swedish National Debt Office (SNDO), making regular contributions into it.

See Also

Svenska Handelsbanken AB is a member of Svenska Handelsbanken (Sweden).

Contacts

addressKungsträdgårdsgatan 2, 111 47, Stockholm, Sweden
phone08-701 10 00

Svenska Handelsbanken AB is headquartered in Stockholm.

Social Networks

Svenska Handelsbanken AB has profiles at the following social networks:

Bank Identifiers

BIC (SWIFT)
HANDSESSXXX
LEI
NHBDILHZTYCNBV5UYZ31
Company Number
502007-7862
MFI ID
SE5020077862

Bank Supervision

Supervised By
Financial Supervisory Authority

Svenska Handelsbanken AB is authorized and supervised by the Financial Supervisory Authority.

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