The Swedish Covered Bond Corporation (SCBC) Year-end Report 2017

The Swedish Covered Bond Corporation (SCBC) Year-end Report 2017 has been published on 

January–December 2017 (January–December 2016)  

  •  Net interest income rose to SEK 2,855 million (2,503)
  •  Expenses amounted to SEK 761 million (720)
  •  Net loan losses amounted to a recovery of SEK 12 million (loss: 9)
  •  Operating profit increased to SEK 1,982 million (1,563)
  •  The Common Equity Tier 1 (CET1) capital ratio was 78.0% (82.4)
  •  All funding programmes continue to have the highest credit ratings from Moody’s 

For further information, please contact:
Mikael Inglander, CFO SBAB
+468-614 43 28 

The information in this report is such that the Swedish Covered Bond Corporation (in Swedish: AB Sveriges Säkerställda Obligationer (publ)) is obligated to disclose in accordance with the Swedish Financial Instruments Trading Act and/or the Swedish Securities Market Act. The information was submitted for publication on 15 February 2018 at 12:00 p.m. (CEST).

The Swedish Covered Bond Corporation, “SCBC”, is a wholly owned subsidiary of the Government-owned SBAB Bank AB (publ). SCBC is a credit market company whose primary operations involve the issuance of covered bonds in Swedish and international markets. Learn more at

About Us

The Swedish Covered Bond Corporation “SCBC” is a fully owned subsidiary to state-owned SBAB Bank AB (publ). SCBC is a public limited liability company and the principal activity is to issue covered bonds in the Swedish and international markets.