Länsförsäkringar Hypotek: Interim report January – September 2005

Summary:
• Operating income amounted to SEK 18.9 M (19.2).
• Net interest income increased by 12% to SEK 127.0 M (113.7).
• Return on equity after standard tax was 1.3% (3.1).
• Lending to the public amounted to SEK 29.1 billion (22.0), up 32% since September 2004.
• The market share in terms of lending for private homes and tenant-owned apartments rose to 2.8% (2.4).
• Capital adequacy was 11.6% (12.2) and the Tier 1 ratio 9.4% (9.9).
• A capital contribution of SEK 315 M was received in the form of an unconditional shareholders’ contribution.
• The number of home mortgage customers increased by 25% to 79,000 (63,000).

Figures in parentheses pertain to January – September 2004.

The full report is found at: www.lansforsakringar.se/Info/In_english

For further information, contact:

Anders Borgcrantz, CEO Länsförsäkringar Hypotek
+ 46 8 588 412 51
+ 46 73 964 12 51
 

Christer Baldhagen, Senior Vice President Corporate Communications
+46 8 588 415 01
+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 – September 2005