Handelsbanken 'Firmly Committed' to U.K., Says CEO

The video discusses the bank's strategy for expanding its branches in the UK, emphasizing that growth is not solely dependent on opening new branches. Despite Brexit, the bank remains optimistic about its prospects in the UK, as it offers unique services compared to high street banks. The discussion also covers how competition affects loan and deposit rates, with the bank committed to the UK market and adapting to rate changes over time.

What is the bank's stance on opening new branches in the UK?

• The bank will open new branches only if the right opportunity arises.

• The bank plans to open many new branches.

• The bank is closing existing branches to focus on digital banking.

• The bank is not interested in opening any new branches.

How does the bank view the impact of Brexit on its UK operations?

• The bank plans to relocate its operations outside the UK due to Brexit.

• Brexit is expected to significantly reduce demand for the bank's products.

• The bank believes Brexit will not affect its product demand.

• Brexit will lead to the bank closing branches in the UK.

What differentiates the bank from traditional high street banks according to the transcript?

• The bank has more branches than any other bank in the UK.

• The bank focuses solely on corporate clients.

• The bank provides unique services that appeal to UK customers.

• The bank offers higher interest rates on savings.

What influences the bank's loan and deposit rates?

• Market competition

• Internal policies

• Customer feedback

• Government regulations

How does the bank view its commitment to the UK market?

• The bank is considering withdrawing from the UK market.

• The bank is only interested in maintaining its current size in the UK.

• The bank is firmly committed to growing in the UK.

• The bank is focusing on expanding outside the UK.