Commerzbank Sweden

Svenska Handelsbanken (Svenska Handels Banken) is a famous bank in Sweden, established in 1871, with its business concentrated in Denmark, Finland, Norway, Sweden and the United Kingdom. The bank focuses on a decentralized management model, i.e., the three-tier model of "Branch Manager - Executive Vice President - President". In 1982, it set up a representative office in Beijing; and in 2002, it set up a representative office in Shanghai, which have both been upgraded to branches.