Pressrelease | 2022-02-10

The Swedish Covered Bond Corporation (SCBC) Year-end Report 2021

The Swedish Covered Bond Corporation (“SCBC”) (in Swedish: AB Sveriges Säkerställda Obligationer (publ)) Year-end Report 2021 has been published on www.sbab.se/ir.

January–December 2021 (January–December 2020)
• Operating profit amounted to SEK 2,119 million (1,797)
• Net interest income totalled SEK 3,522 million (3,154)
• Expenses amounted to SEK 1,305 million (1,190)
• Net credit losses resulted in a recovery of SEK 7 million (loss: 21).
• The Common Equity Tier 1 (CET1) capital ratio amounted to 16.3% (16.3)
• All funding programmes continue to have the highest credit ratings from Moody’s

For further information, please contact:
Fredrik Jönsson, CEO SCBC
Telephone: +46 8 614 38 22
E-mail: fredrik.jonsson@sbab.se

Erik Bukowski, head of press SBAB
Telephone: +46724 51 79 37
E-mail: erik.bukowski@sbab.se