Nordic Business Report-April 24, 2006-Handelsbanken posts Q1 operating profit of SEK5.016m
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The Swedish financial group Handelsbanken issued its first quarter report on Monday (24 April), posting an operating result of SEK5,016m, as compared to SEK3,331m in the first quarter of 2005.
Total income amounted to SEK8,189m, up from SEK6,030m in the first quarter last year.
While net interest income declined from SEK3,805m to SEK3,727m, net fee and commission income improved from SEK1,616m to SEK2,342m.
One Swedish krona (SEK) is worth approximately 0.07 British pounds (GBP).
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