Länsförsäkringar Bank: January – March 2022
”In an uncertain world, in which attention during the quarter shifted from the pandemic to Russia’s invasion of Ukraine, Länsförsäkringar’s focus remains on being close to our customers. The war in Ukraine had a material impact on energy and commodity prices, for example, which contributed to rising inflation and higher market interest rates, while the extent of the negative impact on global growth is uncertain. Mortgage rates have started to rise after several years of low rates. We can however see that Swedish households and our customers have healthy margins in their personal finances.