Pressrelease | 2010-02-05

SBAB's January-December operating profit increased to SEK 1,289 million

SBAB's operating profit increased compared with the preceding year and amounted to SEK 1,289 million (585). SBAB's total lending rose 23% to SEK 226.0 billion (184.0). SBAB's market share in the lending segment continued to rise and amounted to 9.5% (8.6). SBAB's deposit volume also increased and amounted to SEK 4.7 billion (3.5). The loan loss rate remained very low at 0.06% (0.01).

"We had a substantial inflow of customers during the year and experienced considerable demand in our lending business at the same time as it is gratifying to state that our loan losses were very low," says Eva Cederbalk, CEO of SBAB.