Handelsbanken's Lending Profit Beats on Higher Business Volumes
Swedish lender Svenska Handelsbanken AB reporter better-than-expected profit from lending as higher business volumes offset the impact of negative margin effects from lower policy rates.
Net interest income in the fourth quarter fell 4% from a year ago to 11.75 billion kronor ($1.1 billion), the Stockholm-based bank said on Wednesday. Analysts polled by Bloomberg had forecast 11.35 billion kronor.
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