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Danske Hypotek: Interim Report January - June 2020

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First half-year in brief
January – June 2020 (comparison with January – June 2019 in parentheses)
 

  • Operating profit was SEK 527 million (458 million)
  • Net interest income amounted to SEK 597 million (513 million)
  • Costs comprised SEK 68 million (50 million)
  • There were no credit losses during the period and reversals amounted to SEK 19 million (SEK +19 million)
  • Return on equity was 16.1 % (16.8 %)
  • The CET1 capital ratio was 14.8 % (18.1 %)

Danske Hypotek’s covered bonds have the highest credit rating (AAA) from Standard & Poor’s and Nordic Credit Rating.

Read the full interim report at https://danskehypotek.se/financial-information or in the pdf attached.  

 
For further information, please contact:
Per Tunestam, CEO, Danske Hypotek
+46 708- 744 841 or per.tunestam@danskebank.se

Danske Hypotek is a wholly owned Swedish subsidiary of Danske Bank A/S. In 2017, Danske Hypotek received permission from the Swedish Financial Supervisory Authority to conduct business as a credit market company and to issue covered bonds.

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