Länsförsäkringar Bank: Interim report January-March 2012
”Länsförsäkringar is growing in all product areas and market shares in deposits in particular are strengthening. We are continuing to expand our offering and a young person’s bank card and an investment savings account were launched during the quarter. Profit increased due to increased business volumes, improved margins and high credit quality,” says Rikard Josefson, President of Länsförsäkringar Bank. The period in brief, Group · Operating profi t increased 39% to SEK 131 M (94). · Return on equity amounted to 6.2% (5.0). · Net interest income increased 23% to SEK 482 M (391).