Handelsbanken opens Representative Office in Jakarta

Photo: Martina Huber

The Swedish bank Handelsbanken’s new Representative Office in Jakarta was inaugurated on Mach 12 by Sweden’s Ambassador to Indonesia, Johanna Brismar Skoog.

Handelsbanken is the first Scandinavian Bank to open in Indonesia, taking its worldwide network of offices to 25, more than any other Nordic bank.

“We are obliged to follow our customers to different markets in order to always meet their requirements for financial services, and we are very excited to now establish presence in the largest economy in Southeast Asia,” said Mr Jan B. Djerf, Head of South Asia Pacific at Handelsbanken.


Mr Erik Milfors, former Trade Commissioner for Sweden to Indonesia, is the new Chief Representative giving Handelsbanken a broad knowledge and insight of Indonesian business and economy.

“Foreign investments in Indonesia continue to grow from our home markets. Handelsbanken’s new office in Jakarta confirms the importance of Indonesia for Nordic companies as well as businesses in UK and the Netherlands.” said Mr Milfors.

Jan Djerf, Head of Handelsbanken South Asia Pacific

Handelsbanken is a full-service bank with a nationwide branch network in Sweden, UK, Denmark, Finland, Norway and the Netherlands. The Bank regards these six countries as its home markets.
Since the early 1970s, Handelsbanken’s organisation has been strongly decentralised and operations are always based on the customer’s requirements. This means that all business decisions regarding individual customers’ relationships with the bank are taken close to the customer.

Handelsbanken has more satisfied customers than peer banks, is one of the most cost-effective listed full-service banks in Europe and every year during the past 42 years has had higher return on equity than the average of peer banks.

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