Länsförsäkringar Hypotek, Interim report January – March 2005

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_english

For 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
 

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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Länsförsäkringar Hypotek, Interim report January – March 2005