Releases - SBAB Bank

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Interim report 1 January – 31 March 2013: Higher net interest and continued low ...

SBAB Bank’s CEO, Carl-Viggo Östlund, comments:
SBAB’s operating profit for the first quarter of 2013 rose by 19 percent compared with the preceding quarter, driven in particular by higher net interest income and continued low loan losses. The return on equity was 11.4 percent. During the quarter, we continued our efforts to build an everyday bank with the launch of a mutual fund offering, while we are also...

Decisions made by SBAB’s 2013 Annual General Meeting

At the Annual General Meeting (AGM) of SBAB Bank AB (publ) this Thursday, Board Members Per Anders Fasth, Jakob Grinbaum, Ebba Lindsö, Karin Moberg and Christer Åberg were re-elected. The AGM elected Bo Magnusson, Kristina Ekengren and Jane Lundgren-Ericsson as new Board Members. Bo Magnusson was elected Chairman of the Board and Jakob Grinbaum was elected Deputy Chairman of the Board.

SBAB Bank’s Annual Report and Sustainability Report for 2012 available online

SBAB Bank AB (publ) has today published the following information on its website:
Publication    Web Address Annual Report    www.sbab.se/investor for 2012 Sustainability    www.sbab.se/english/cr Report for 2012 Enclosures: SBAB Annual Report and Sustainability Report for 2012.

SBAB Bank Year-end report 2012: Earnings improvement of 36 percent

SBAB Bank’s CEO, Carl-Viggo Östlund, comments:
SBAB’s operating profit excluding net result from financial instruments improved by 36 percent for the full-year, mainly driven by higher net interest income. We have entered an exciting phase, in which we are broadening our business with new products and offerings, while maintaining good control over our expenses and with loan losses remaining at low levels.

In...

Standard & Poor’s revises the rating of SBAB Bank AB (publ)

S&P has revised SBAB Bank’s rating from ‘A+’ to ‘A’. At the same time the short-term rating have been affirmed.
On 14 December 2012, Standard and Poor's lowered SBAB Bank's long-term rating from ‘A+’

to ‘A’ with a negative outlook. SBAB Bank’s short-term counterparty credit rating is not affected and has been affirmed at ‘A-1’. The revision is based on Standard & Poor’s reassessment of the link between the...

S&P revises SBAB Bank AB outlook to negative

Due to a weakening economic outlook for Sweden, Standard and Poor's has revised SBAB Bank´s outlook from stable to negative. At the same time the long- and short-term credit ratings have been affirmed.
On 20 November 2012, Standard and Poor's revised SBAB Bank's outlook from stable to negative. The long- and short-term credit ratings have been affirmed at A+ and A-1. The revision was based on indications of a...

Interim report Jan–Sep 2012: Continued stable development of underlying operatin...

SBAB Bank’s CEO, Carl-Viggo Östlund, comments:
During the quarter, SBAB reported a continued solid earnings trend. Operating profit, excluding net result of financial instruments, was once again higher than in the preceding quarter. However, market-value changes of financial instruments caused an adverse impact on the overall operating result. We foresee continued strong demand for mortgages, primarily in our...

Interim report 1 January – 30 June 2012: Market leading in new deposits

SBAB Bank’s CEO, Carl-Viggo Östlund, comments:
SBAB Bank reported an improved operating profit for the second quarter compared with the year-earlier period. This was the result of continued stable net interest income trend, lower expenses and the fact that the impact on earnings from the market valuation of financial instruments was not as negative as in the first quarter.

Our deposits through savings accounts are...

SBAB Bank Interim report Jan–Mar 2012: Strong growth in deposits, but financial ...

SBAB Bank’s CEO, Carl-Viggo Östlund, comments:
SBAB Bank displayed a strong performance in the first quarter, with increases in net interest income and in earnings from under­lying business operations compared with the corresponding period in 2011. This increase was mainly due to stronger demand, higher average volumes and improved earnings in the lending operations. However, the market value of financial...

SBAB Bank’s Annual Report and Sustainability Report for 2011 available online

SBAB Bank has today published the following information on its website:

+------------------------------+---------------------+
|Publication |Web Address |
+------------------------------+---------------------+
|Annual Report for 2011 |www.sbab.se/investor |
+------------------------------+---------------------+
|Sustainability Report for...

SBAB Bank

SBAB Bank offers residential mortgages and saving products through the Internet and telephone, and also grants loans to the corporate sector. By offering products and services that challenge and simplifies SBAB contribut...

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