A bank with a branch in Huddersfield has announced the formation of a new regional operation.
Handelsbanken, the relationship bank for local businesses and individuals, has announced the formation of a fifth UK regional bank to support its growing branch banking operations across Yorkshire and the North East.
About 32 of the bank’s 177 present UK branches, including Handelsbanken Huddersfield at Pennine Business Park, Bradley, will form the new Yorkshire and North East UK regional bank, due to open on January 1, 2015, with a regional head office in Leeds.
The Huddersfield branch, which opened in 2008, has already developed a reputation for traditional banking, financial strength and high standards in the local business and professional services community. Branches are responsible for making all day-to-day banking decisions based solely on their customers’ requirements, free from product and lending targets or bonus incentives.
Branch manager Tony Jones said: “This new region is a natural result of a growing branch network, itself driven by customer demand and which has mirrored the steady growth we have seen in Huddersfield in the six years we have been open.”
Handelsbanken, founded 142 years ago in Sweden and now has over 810 branches in 24 countries.
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