Svenska Handelsbanken AB (FRA:SVHG)
€ 10.33 -0.04 (-0.39%) Market Cap: 16.72 Bil Enterprise Value: 107.33 Bil PE Ratio: 6.63 PB Ratio: 1.01 GF Score: 78/100
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Q1 2022 Svenska Handelsbanken AB Earnings Call Transcript

Apr 27, 2022 / 06:30AM GMT
Release Date Price: €10.56 (+4.76%)
Carina Akerstrom;publ;President
Svenska Handelsbanken AB;Group Chief Executive & Executive Director

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Good morning, everyone, and welcome to this presentation of the Handelsbanken Results for the First Quarter 2022. I am here together with the CFO of the Bank, Carl Cederschiold, and we're going to talk you through the results for Q1.

Let me start by saying that these are very turbulent times that we experienced around us with more in our neighborhood with unimaginable humanitarian suffering, inflation, interest rate increases and also just behind us, the lockdowns due to COVID, but the bank stays stable. We have made choices and we see those in our earnings. We are doing well. We have good coworkers, good customers, and that gives us a very stable beginning of the year.

Activities continue to be very high, and we grow where we wanted to grow. And we continue to see the developments that we saw previous years as well. As I said, we grow where we want to go, receive lending volumes gaining momentum, and we continue to grow also when it

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