Interim Report Swedbank Q1 2000
Interim report for FöreningsSparbanken (Swedbank) January - March 2000 April 28, 2000 Substantial profit improvement * Operating profit amounted to SEK 2,216 M (1,108 in 1999 excluding capital gains of SEK 1,350 M) * Net commission income rose to SEK 1,712 M (1,081) * Loan losses amounted to SEK 350 M (258) * Problem loans, net, declined to SEK 606 M (3,909) * Earnings per share amounted to SEK 2.91 (3.14)(1.59 excluding capital gains) * 150,000 new customers i Robur since year-end * 720,000 Internet bank users in the Group, including Hansapank * Incentive program introduced for