Länsförsäkringar Bank: January – June 2022
“Our world changed dramatically in the first half of the year with Russia’s invasion of Ukraine. The geopolitical unrest has contributed to rising inflation and interest rates, weaker stock markets and reduced growth prospects. This creates a new situation for our customers who are faced with greater uncertainty combined with higher interest rates. In uncertain times, Länsförsäkringar serves an important function with our local profile close to customers, and our respect for customers’ security. A high rate of development activity continued in the banking operations, with digitising our