Länsförsäkringar Hypotek, Interim report January – March 2005
4/26/2005 5:00 AM EST
Summary
• Operating income amounted to SEK 5.9 M (10.1).
• Mortgage lending rose by 42% since March 2004, and amounted to SEK 25.4 billion
(17.9).
• The market share in terms of lending for private homes and tenant-owned apartments
rose to 2.6% (2.1).
• Capital adequacy was 11.6% (10.6) and the Tier 1 ratio 9.4% (8.6).
• New loans issued during the first three months of the year totaled SEK 2.4 billion (2.1).
• Loan losses remain at a low level. Recovered amounts exceeded losses by SEK 0.8 M
(0.6).
• The number of home mortgage customers increased by 30% to 73,000 (56,000).
• Länsförsäkringar Hypotek ranked third in this year’s Quality Index Survey for mortgage
institutions.
Figures in parentheses pertain to January–March 2004.
You will find the full report at:
www.lansforsakringar.se/info/in_englishFor further information, contact:
Bengt Jerning, Managing Director Länsförsäkringar Hypotek AB +46 8 588 415 81
+46 73 96 415 81
Christer Baldhagen, Senior Vice President +46 8 588 415 01
Corporate Communications Länsförsäkringar AB +46 70 579 70 66