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Danske Hypotek AB: Year-end report 2020

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Year in brief
January – December 2020 (the comparison in brackets refers to 2019)

  • Operating profit was SEK 1 012 million (965 million)
  • Net interest income amounted to SEK 1 191 million (1 050 million)
  • Costs comprised SEK 135 million (101 million)
  • No credit losses during the period, reversals amounted to net SEK 27 million (SEK +48 million)
  • Return on equity was 14.5 % (16.9 %)
  • The CET1 capital ratio was 17.5 % (16.7 %)
  • Danske Hypotek’s covered bonds have the highest credit rating (AAA) from Standard & Poor’s and from Nordic Credit Rating.

Read the full year-end report attached or at https://danskehypotek.se/financial-information.

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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