|Delayed - 09/18 11:29:40 am|
Svenska Handelsbanken : Handelsbanken gathering its forces at branches, accelerating the pace of digital development and cutting costs
|09/16/2020 | 01:31am|
Digitalisation among customers has now reached such a point that the Bank can enter a new stage in its development - at both the branches and digital meeting places.
On one hand, many of
On the other hand, customers would like to be able to perform more and more banking transactions digitally - quickly, simply and personally. Therefore, the Bank is investing a total of
These changes will help us to lower our costs. By the end of 2022, the Group's overall expenses will amount to approximately
The downsizing of the workforce will affect around 1,000 employees in
Negotiations and consultations are being initiated immediately with the relevant trade unions.
"Our ambition - as always at
As a means to facilitate these adjustments, during the fourth quarter, the Bank will make a provision for expenses estimated at approximately
The changes are the result of the Swedish part of the review of the entire Bank's business operations, which was announced last autumn.
In accordance with regulations issued by the
Invitation to press and analyst meeting,
A press and analyst meeting will beheld today, 16 September,
The meeting will be livestreamed at handelsbanken.com/ir, with simultaneous interpretation into English. Given the prevailing coronavirus restrictions, the number of participants will be limited.
International investor meeting,
Telephone number for participants:
SE: +46 8 566 426 51
US: +1 631 913 1422
Telephone number for later listening (3 days):
SE: +46 8 519 993 85
US: +1 (866) 931 1566
Replay Access code: 301331483#
For further information, please contact:
Lars Höglund, Head of Investor Relations, +46 70 345 51 70
This information is of the type that
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