Interim Report January – June 2023
“Record volumes for the German credit card contributed to an increase in the Bank’s loan portfolio by 7 % in local currencies during the second quarter. Return on equity amounted to 22 % during the quarter and the income grew at a higher pace than the expenses. Implemented price increases and a slightly lower growth rate are expected to affect profitability and capital ratios positively during the second half of the year.”– Joakim Jansson, CEO January – June 2023 compared to January – June 2022 · The loan portfolio amounted to SEK 17,012 million, compared to June 2022 the increase