Bluestep Bank interim report January - June 2020
Result and financial position The period refers to 1 January - 30 June 2020 compared to same period previous year, unless otherwise stated. Values are denominated in Swedish kronor (SEK). · Outstanding lending to the public increased by 4.4% to 16,215m (15,535m). Adjusted for foreign exchange (FX) effects the increase was 10.0%. The portfolio development was negatively affected by the weaker Norwegian krona. · New lending increased by 7.7% to 2 872m (2 668m). Adjusted for FX effects the increase was 14.5%. · Operating profit decreased by 27% and amounted to 101m (137m).