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  • Länsförsäkringar AB
    Tegeluddsvägen 11-13 106 50 Stockholm
    08-588 41850
    http://www.lansforsakringar.se
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    Länsförsäkringar Bank: January-June 2023

    ”The high level of global uncertainty is continuing and the second quarter was also characterised by high inflation and fiscal austerity by the central banks. The Swedish economy showed good resilience to the Riksbank’s continuing interest-rate hikes in terms of, for example, unemployment and GDP. Although we can start to discern a peak in interest rates, the Riksbank has indicated at least one more hike is to come and there are continuing risks related to the economy and inflation. The risks in the Swedish commercial property sector also became a focal point in the quarter, resulting in a

    Länsförsäkringar Bank: January-March 2023

    “The global economic outlook improved slightly during the first quarter, while the risk of an imminent economic downturn continued. The central banks pursued their efforts to curb inflation and continued to raise interest rates, even though we are probably starting to see rates peak. At the same time, the risks in the banking sector on an international scale became a focal point in the quarter, resulting in a certain level of turmoil in the finance markets. In other worlds, much uncertainty remains in the world. In these uncertain times, it is reassuring to be a bank with low risks and

    Länsförsäkringar Bank: January – June 2022

    “Our world changed dramatically in the first half of the year with Russia’s invasion of Ukraine. The geopolitical unrest has contributed to rising inflation and interest rates, weaker stock markets and reduced growth prospects. This creates a new situation for our customers who are faced with greater uncertainty combined with higher interest rates. In uncertain times, Länsförsäkringar serves an important function with our local profile close to customers, and our respect for customers’ security. A high rate of development activity continued in the banking operations, with digitising our

    Länsförsäkringar Bank: January – March 2022

    ”In an uncertain world, in which attention during the quarter shifted from the pandemic to Russia’s invasion of Ukraine, Länsförsäkringar’s focus remains on being close to our customers. The war in Ukraine had a material impact on energy and commodity prices, for example, which contributed to rising inflation and higher market interest rates, while the extent of the negative impact on global growth is uncertain. Mortgage rates have started to rise after several years of low rates. We can however see that Swedish households and our customers have healthy margins in their personal finances.

    Länsförsäkringar Bank: January – December 2020

    ”We can summarise 2020 as an extraordinarily unusual year that was mainly dominated by the coronavirus pandemic. The socio-economic impact was widespread and the situation remains challenging for households and companies. While we currently believe the situation to be more stable, the macroeconomic scenario remains uncertain. However, hopes of a quicker recovery have increased now that the vaccination programme has started. Länsförsäkringar Bank took a number of measures to support its customers and ensure a high level of availability when the pandemic broke out. We have worked intensely

    Länsförsäkringar Bank: Year-end report 2019

    ”In summary, 2019 was another good year for Länsförsäkringar Bank. We are delighted to state that we remain the player with Sweden’s most satisfied bank customers according to the Swedish Quality Index. The solid performance of the business is continuing and our position as one of the leading retail banks in Sweden was further strengthened. Growth in business volumes for the year was high, whilst maintaining a healthy balance between savings and lending. Our market shares are continuously increasing, which is confirmation that we are a natural choice for customers in an ever more competitive

    Länsförsäkringar Bank: Year-end report 2018

    ”We are delighted to state that Länsförsäkringar Bank continues to have Sweden’s most satisfied retail and mortgage customers according to the 2018 Swedish Quality Index. This award clearly shows that customers view Länsförsäkringar as one of the leading players on the Swedish banking market. As a result, Länsförsäkringar Bank can sum up yet another strong year in which its solid performance continued. Business volumes are growing in all product segments and the credit quality of the loan portfolio is high. We have a good balance between savings and lending in our business volumes, and our

    Länsförsäkringar Bank: Interim Report January - March 2018

    ”We are pleased to say that Länsförsäkringar Bank continued to perform positively and once again we can report our best ever quarterly results. Business volumes are continuously increasing in all areas. We are maintaining a healthy balance between savings and lending in our business volumes, while the credit quality of the loan portfolio remains high. The number of customers is continuing to increase, showing that customers appreciate our local presence and focus on customer meetings combined with our market-leading digital services. As the new President of Länsförsäkringar Bank, I see

    Interim Report January-June 2017

    ”It is gratifying to see that the bank’s solid performance is continuing and we are capturing further market shares within both savings and lending. Business volumes are growing in all product segments and the earnings trend remains favourable with net interest income performing strongly and with low loan losses. We firmly believe that the combination of our strong local presence and our leading digital services forms the basis of our success and creates the conditions for continued inflows of new customers and high customer satisfaction. Accordingly, we are continuing to make investments

    Länsförsäkringar Bank: Interim Report January - June 2015

    ”Länsförsäkringar Bank continued to report a strong performance with increased business volumes in all product segments and a favourable trend in operating profit, driven by strong net interest income and solid cost control. Growth in lending remains characterised by high credit quality and loan losses are very low. However, it is important that the macroeconomic risks related to household indebtedness are managed and we welcome additional initiatives that could result in a stronger amortization culture. We remain at the forefront regarding digital solutions and Länsförsäkringar Bank was

    Decision from SFSA regarding Länsförsäkringar Bank consolidated situation

    With CRR (575/2013) coming into effect Länsförsäkringar Bank was impacted by new regulations regarding the consolidation level for capital adequacy reporting.According to CRR the consolidated situation should include the mixed financial holding company Länsförsäkringar AB. To better reflect Länsförsäkringar Bank’s  actual risk and capital situation Länsförsäkringar Bank has, as previously announced, submitted an application to the Swedish Financial Supervisory Authority  (SFSA) for an exemption from the above mentioned rules, based on 4 chapter 10§ in the Special Supervision of Credit

    Länsförsäkringar Bank´s Annual Report 2014 available on the website

    From today, Thursday February 19, 2015, Länsförsäkringar Bank's and Länsförsäkringar Hypotek´s Annual Reports for 2014 are available on the Länsförsäkringar Bank and Länsförsäkringar Hypotek websites. The Länsförsäkringar Bank Annual Report http://www.lansforsakringar.se/stockholm/om-oss/in-english/financial-reports/lansforsakringar-bank/ The Länsförsäkringar Hypotek Annual Report http://www.lansforsakringar.se/stockholm/om-oss/in-english/financial-reports/lansforsakringar-hypotek/ respectively.   This information is Länsförsäkringar Bank AB (publ) obliged to publish in accordance

    Länsförsäkringar Bank: Year-end report 2014

    ”Länsförsäkringar, the customer-owned bank, has Sweden’s most satisfied retail customers and was named 2014 Bank of the Year. The local presence and attractive offering are the foundation of our success. The stable growth experienced by the bank during the year continued in the fourth quarter with increased business volumes, strengthened earnings and improved profitability. Loans are continuing to grow with a high level of credit quality. We remain at the forefront of digital services, where more and more customers are meeting us, and in January 2015 we won the Web Service Award for Sweden’

    Länsförsäkringar Bank: Interim Report January-September 2014

    ” Retail customers have once again named Länsförsäkringar Bank the bank that they are most satisfied with, showing that our business, which is based on closeness and security, is appreciated by our customers. We are strengthening our position in the bank market with an increased number of customers, and we remain at the forefront of digital services with a focus on service and userfriendliness. Business volumes are increasing, net interest income is being strengthened and we can report strong earnings for the first nine months of the year. It is gratifying that earnings performed well and

    Länsförsäkringar Bank: Interim report January March 2014

    ”Länsförsäkringar Bank is strengthening its position in the market. Business volumes are increasing and net interest income and earnings displayed a strong performance. At the start of April, we offered a number of new services in our mobile app. For example, we were first to offer customers the option of changing funds in their pension and endowment insurance, which confirms that we have a leading position in digital services. It is also pleasing that for the sixth consecutive year Länsförsäkringar has the best reputation in the financial sector. This shows that our business, which is

    Länsförsäkringar Bank: Interim Report January - March 2011

    – The bank is continuing to grow in all areas, even though market growth is declining. Focus is intensifying on the different forms of savings and the products have been developing well. We are strengthening our position in agricultural loans and hold a market share of nearly 8%. The number of customers is increasing and more customers are choosing Länsförsäkringar as their primary bank. Net interest income is increasing due to such reasons as rising market interest rates, and profitability is strengthening. Growth in loans is healthy and credit quality remained very high with low loan

    Länsförsäkringar Bank´s Annual Report 2010 available on the website

    From today, Friday April 1, 2011, Länsförsäkringar Bank's and Länsförsäkringar Hypotek´s Annual Reports 2010 are available on the Länsförsäkringar Bank and Länsförsäkringar Hypotek websites at: http://www.lansforsakringar.se/privat/om_oss/in_english/financial_information_bank/financial_reports/sidor/default.aspx respectively http://www.lansforsakringar.se/privat/om_oss/in_english/financial_information_hypotek/financial_reports/sidor/default.aspx.    For further information, please contact: Anna-Lena Löfvenberg, Investor Relations Manager, Länsförsäkringar Bank ABTelephone:

    Länsförsäkringar Bank: Year-end Report 2010

    “The bank continued to grow in all areas during the fourth quarter and our market position was strengthened. Growth in the number of customers is continuously improving. Net interest income, operating profit and profitability rose and the bank’s rating remained unchanged with a stable outlook. Growth, favourable credit quality and profitability show that the bank represents stability and low-risk operations. Länsförsäkringar has Sweden’s strongest financial brand, as well as Sweden’s most satisfied retail bank and mortgage customers. We are well equipped for a new year during which we will

    Rikard Josefson appointed new President of Länsförsäkringar Bank

    Rikard Josefson has been appointed new President of Länsförsäkringar Bank. Rikard is currently the Head of Global Transaction Services at the Nordic financial group SEB. Rikard Josefson will succeed Mats Ericsson who takes office as the President of Länsförsäkringar Fastighetsförmedling.“Advancing Bank’s operations is high priority on Länsförsäkringar’s agenda and we are currently entering the next stage of this work,” says Sten Dunér, Chairman of Länsförsäkringar Bank. “The foundation has been laid to seriously challenge the major banks and we have unique opportunities based on our

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