History of Svenska Handelsbanken
Svenska Handelsbanken was founded in 1871 when a number of prominent companies and individuals in Stockholm's business world founded Stockholms Handelsbank. The bank began operations on July 1, 1871 in rented offices located in the central Old Town district of Stockholm, which at that time was still the commercial and financial centre of the city. The bank's first year of operations was very successful and after only a couple of years, Handelsbanken held a strong position among Stockholm banks.
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