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Svenska Handelsbanken AB says fifth regional bank is being formed in UK

Thursday, 17 Jul 2014 12:35am EDT

Svenska Handelsbanken AB:Says, to support the branches in Yorkshire and the north-east of the UK, another regional bank is being established, with its head office in Leeds.Says each branch in Handelsbanken’s home markets is linked to a regional bank.Says the regional bank has the joint administrative resources, regional knowledge and specialists to support the branch’s business.Says a fifth regional bank is being formed in the UK.Says it is expected to be fully operational from Jan. 1, 2015.Says the head of the new regional bank will be Simon Lodge, who is currently Head of Regional Bank Southern Great Britain.

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