Handelsbanken is the safest bank in Europe, according to Global Finance's ranking of over 500 banks worldwide.
"A long-term mindset and stability are the cornerstones of Handelsbanken's approach to risk and its way of running a bank," says Maria Hedin, Handelsbanken's Chief Risk Officer.

Handelsbanken's low tolerance of risks means that the Bank is well equipped to succeed even when times are tough.

"The Bank's established capacity to manage risk is the basis for its profitable, strong growth over time. The result is stable value creation and a foundation for generating the financial conditions that allow us to support customers whatever the economic situation," says Peter Grabe, Handelsbanken's Head of Investor Relations.

Handelsbanken's ranking in Global Finance's list of the world's safest banks is a further confirmation of the Bank's low risk tolerance and the high quality in its credit granting.

"A long-term approach, stability and close relationships with customers characterise our work to maintain Handelsbanken's low risk tolerance," says Maria Hedin.

The ranking is the result of a thorough analysis of 500 banks worldwide. In first place was the Royal Bank of Canada, while Handelsbanken came fourth - and is thus the safest bank in Europe.
 

More information about the survey
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. For more information: read here.
 
For further information, please contact:
Handelsbanken Press Office, press@handelsbanken.se +46 (0)8 701 80 18

 

For more information about Handelsbanken, see: www.handelsbanken.se

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