AMWatch

Handelsbanken grows AUM by 5 percent – but inflows drop by more than half

The bank had a 26 percent market share of net savings in Sweden during the second quarter.
Photo: PR/Handelsbanken
Photo: PR/Handelsbanken
by MIRZA GAZIC

Handelsbanken’s operating profit for the first six months of the year grew by 14 percent to SEK 11.6bn (EUR 1.1bn), up from SEK 10.2bn (EUR 1bn)at the end of last year. During the second quarter alone, profit increased by 7 percent to SEK 6bn (EUR 0.6bn), according to the bank’s quarterly report published this morning.

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