Releases - Länsförsäkringar AB

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2004

 

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Länsförsäkringar Hypotek: Interim Report January-September 2004

Summary
· Operating income amounted to SEK 19.2 M (38.7).
· Mortgage lending rose by 53% since September 2003 to SEK 22.0 billion (14.4).
· The market share for lending to private homes and tenant-owned apartments
increased to 2.4% (1.8).
· The number of home mortgage customers amounted to 47,000.
· Capital adequacy was 12.2% (9.9) and the Tier 1 ratio 9.9% (9.4).
· New lending...

Länsförsäkringar Bank: Interim Report, January-September 2004

"Profitability has been in focus and I am pleased to be able to confirm a substantial increase in earnings and return on equity. The results of this year's Swedish Quality Index survey are highly gratifying for Länsförsäkringar's banking operations. Not only do we have Sweden's most satisfied bank customers, but we also received the highest marks in all sub-categories. The combination of Sweden's most satisfied bank...

Länsförsäkringar has the most satisfied bank customers in Sweden

According to a recent survey conducted by the Swedish Quality Index (SKI), Länsförsäkringar is unmatched in having the most satisfied banking customers. In all categories, from products to service, Länsförsäkringar ranks high above all the other banks.

"The finest a company can receive is a high ranking from its customers," says Tomas Johansson, Managing Director of Länsförsäkringar Bank. "Having Sweden's...

Länsförsäkringar named Non-life Insurance Company of the Year and Life Assurance...

ive year

For the second year in a row, Swedish companies have named Länsförsäkringar as the Non-Life Insurance Company of the Year and the Life Assurance Company of the Year. The awards were established by the business weekly Affärsvärlden through its annual Financial Barometer survey in which nearly 1,000 decision-makers in companies with more than 200 employees are questioned regarding their views on...

Länsförsäkringar Alliance, Interim Report, January - June 2004

"The first six months of 2004 showed a further substantial improvement in earnings and increased market share within most areas. Länsförsäkringar is performing well. The banking business is progressing according to plan, with earnings improvements, increased volumes and rising market share. Endeavors to combine profitability with greater customer benefits will continue to characterize all aspects of our operations,...

Länsförsäkringar Hypotek: Interim Report January-June 2004

"Länsförsäkringar's home mortgage operations continue to develop highly favorably, and our aim is to further strengthen our position in the Swedish mortgage market. Mortgage lending has more than quadrupled during the past two years, and we currently hold a market share of 2.4%. The lending volume increased by 69% and the number of mortgage customers rose by 41% to 62,000 compared with the corresponding period in...

Länsförsäkringar Bank: Interim Report, January-June 2004

"Länsförsäkringar's bank operations continue to perform very strongly and in line with Group strategy as a full-service bank for private individuals and farmers. Growth in earnings and volumes shows a highly positive trend. Mortgage loans have more than quadrupled during the past two years, which has also increased the bank's need for external funding. Accordingly, it is very positive that the bank now has an A...

Innterim Report January - June 2004

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Länsförsäkringar AB

Länsförsäkringar is Sweden’s only customer-owned and locally established banking and insurance group. The customers in each of the counties in the country own their local and independent regional insurance company. The 2...

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