Svenska Handelsbanken AB (MEX:SHBA)
MXN 181.4 0 (0%) Market Cap: 410.45 Bil Enterprise Value: 2.37 Tn PE Ratio: 7.99 PB Ratio: 1.11 GF Score: 71/100

Svenska Handelsbanken AB Gathering Its Forces at Branches, Accelerating the Pace of Digital Development and Cutting Costs Press Conference Transcript

Sep 16, 2020 / 08:00AM GMT
Carina ÃkerstrÃ;m;publ;President
Svenska Handelsbanken AB;Group Chief Executive & Executive Director

¶ - ()- -

A very warm welcome today to this very recently convened press conference as a result of the press release that was published this morning and which you will have seen. You can see very clearly from the press release that we're pooling our strengths around our branches. We're stepping up the pace of digital development, and we're reducing our costs. I would like to begin by showing you what's on this slide here, outlining very clearly and generally, what our next step will be on the path to a less complex bank. We've talked about this over the course of the past 12 months. So we're going to invest even further, focusing on decentralization, being close to the customer. We're pooling our forces, our strength, focusing on branches, and we want to ensure that our branches can face up to the changes we see in demand from our customers, and we're going to be doing this in fewer locations than previously.

When you implement this type of

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot