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Home > Company Index > Banking > Banking - Europe > Svenska Handelsbanken AB

Svenska Handelsbanken AB
 PROFILE
Svenska Handelsbanken provides its corporate and individual clients with deposit products, loans, investment banking, credit cards, and other banking services. The bank's business is concentrated in Sweden, where there are more than 450 banking offices. Svenska Handelsbanken also has about 50 branches in Denmark, Norway, and Finland, as well as international offices (in other parts of Europe and in China, Hong Kong, and the US). The bank added extra oomph to its Norwegian presence with the purchase of Bergensbanken. Svenska Handelsbanken has subsidiaries operating in several business areas related to banking, including financial services, life insurance, mortgages, and Internet banking.

 COMPETITION
Danske Bank Aktieselskab (DEAFY)
Nordea AB (NBH)
Skandinaviska Enskilda Banken AB (SEBA)

 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 8,121.60
1-Yr. Sales Growth: 7.7%
Employees: 8,574
Revenue per employee: $947,235.83

 KEY PEOPLE
• Arne Martensson
    CEO
• Sven Grevelius
    CFO

 CONTACT INFO
Kungstradgardsgatan 2
106 70 Stockholm, Sweden
Phone: 46-8-701-1000
Fax: 46-8-701-2345
Online: Web Site

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