Handelsbanken receives extended permission for structural FX positions

Handelsbanken holds structural FX positions to hedge capital ratios against volatility in currency rates. The Bank’s permission from the Swedish Financial Supervisory Authority to exempt these positions from capital requirements, in accordance to Article 352.2 in the Capital Requirements Regulations, has now been extended to include additional currencies.

The extended permission includes the Parent company and the consolidated situation of the Group. As per Q1 2023, the risk weighted exposure amount would have been around SEK 23bn lower with the extended permission, equal to around 50bp higher CET1 ratio than reported. The decision from the Swedish Financial Supervisory Authority applies from June 30 2023.

For further information, please contact:

Carl Cederschiöld, CFO, +46 8 22 92 20
Peter Grabe, chef Investor Relations, +46 70 559 11 67
 

This information is of the type that Svenska Handelsbanken AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication through the agency of the contact person set out above, at 16:00 CET on July 1, 2023.

For more information about Handelsbanken, see: www.handelsbanken.com