Länsförsäkringar Hypotek: Interim report, January-March 2004

Länsförsäkringar Hypotek Interim report, January-March 2004 Summary · Operating income rose 17% and amounted to SEK 10.1 M (8.6). · Mortgage lending increased 78% to SEK 17.9 billion (10.0). · The market share for private homes and tenant-owned apartments rose to 2.08% (1.30). · 10.4% (9.8) of private-homeowner customers are also bank customers. · The number of home mortgage customers rose 47% and amounted to 56,000 (38,000). · The capital adequacy was 10.6% (8.6) and the Tier 1 ratio 8.6% (7.9). · New lending amounted to SEK 9.3 billion (7.2). "Home mortgage operations continue to develop highly favorably. Mortgage lending increased 78% and the number of home mortgage customers rose from 38,000 to 56,000. Since the mortgage operations began in 2001, Länsförsäkringar has continually strengthened its position on the market. Our hallmarks are value for price mortgage loans and a strong local presence, says Bengt Jerning, Managing Director, Länsförsäkringar Hypotek." You will find the report at www.lansforsakringar.se/info For further information, contact: Tomas Johansson +46 8 588 419 82 CEO Länsförsäkringar Bank +46 73 96 419 82 tomas.g.johansson@lansforsakringar.se Christer Baldhagen +46 8 588 415 01 Senior Vice President Corporate Communications +46 70 579 70 66 christer.baldhagen@lansforsakringar.se ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2004/04/23/20040423BIT00350/wkr0001.doc http://www.waymaker.net/bitonline/2004/04/23/20040423BIT00350/wkr0002.pdf The full report