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Pressrelease | 2020-02-14
The Swedish Covered Bond Corporation (SCBC) Year-end Report 2019
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The Swedish Covered Bond Corporation (“SCBC”) (in Swedish: AB Sveriges Säkerställda Obligationer (publ)) Year-end Report 2019 has been published on www.sbab.se/ir.
January–December 2019 (January– December 2018)
- Operating profit amounted to SEK 1,713 million (1,979)
- Net interest income totalled SEK 2,835 million (3,069)
- Expenses amounted to SEK 1,055 million (902)
- Credit losses totalled SEK 12 million (26)
- The Common Equity Tier 1 (CET1) capital ratio amounted to 17.0% (17.1)
- All funding programmes continue to have the highest credit ratings from Moody’s
For further information, please contact:
Mikael Inglander, CEO SCBC
+468-614 43 28
mikael.inglander@sbab.se
