Länsförsäkringar Hypotek: Year-end report 2013
”Länsförsäkringar is strengthening its position in the mortgage market and the credit quality of the loan portfolio remains very high. We have very stable growth and the trend in net interest income was favourable during the year, while expenses remained unchanged,” says Anders Borgcrantz, President of Länsförsäkringar Hypotek. The year in brief · Net interest income rose 7% to SEK 852 M (796). · Loan losses amounted to SEK 6.6 M (2.3), corresponding to loan losses of 0.01% (0.00). · Operating profit declined 4% to SEK 305 M (319) and the return on equity was 4.8% (5.2). ·