Handelsbanken Weighs Wind Down of Finnish Units as Sale Stumbles

Swedish lender Svenska Handelsbanken AB may opt to shut down parts of its operations in neighboring Finland as it struggles to find buyers for the units not already sold.

The Stockholm-based bank is yet to offload some units that are servicing large corporations and real estate customers, according to a spokesperson for Handelsbanken in Finland. But “the primary goal is still to sell these operations as well,” said Pirjetta Soikkeli in emailed comments.

In May, Sweden’s third biggest bank by market value struck an agreement to sell off various parts of its Finnish business to S-Bank Plc, Oma Savings Bank …