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  • Länsförsäkringar AB
    Tegeluddsvägen 11-13 106 50 Stockholm
    08-588 41850
    http://www.lansforsakringar.se
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    Länsförsäkringar Hypotek: Year-end Report 2022

    "Länsförsäkringar Hypotek’s retail mortgages continued to perform well during the year, reporting healthy volume growth and strong earnings. The year was generally characterised by marked changes in the macro environment with high inflation, rising interest rates and reduced growth prospects. The housing market also started to see a weaker trend with falling prices and lower sales volumes. Retail mortgage customers also started experiencing higher costs and higher mortgage rates. Given our diligent and conservative credit assessments and the consistently high credit quality, customers are

    Länsförsäkringar Hypotek: January – June 2022

    "The period was characterised by changes in the macro environment with rising inflation, higher interest rates and reduced growth prospects. The housing market started to show signs of a weaker trend, with indications that prices have started to fall. In the future, mortgage customers will encounter higher mortgage rates, which naturally impacts household purchasing power. With our credit process, we can rest assured that Länsförsäkringar’s mortgage customers have healthy margins to cope with higher interest rates and we can confirm that our credit quality remains very high. High

    Länsförsäkringar Hypotek: January – June 2020

    The Swedish housing market displayed resilience to the deep economic decline resulting from the effects of COVID-19. Housing prices were essentially unchanged, supported by, for example, expectations of continued very low interest rates for a long time to come. Despite this, there are naturally households that have been affected by a loss of income or unemployment. Customers who apply for an exemption from the repayment requirements have the possibility to be granted a temporary repayment holiday in accordance with the Swedish Financial Supervisory Authority’s guidelines. The financial

    Länsförsäkringar Hypotek: Year-end report 2019

    ”Länsförsäkringar Hypotek continued to perform well in 2019 and we delivered strong operating profit for the year. Our position in the mortgage market was further strengthened and with a market share of 7% we are one of the larger mortgage institutions in Sweden. Growth in lending was high despite the prevailing competition in the mortgage market, at the same time as the credit quality of the loan portfolio remained very high. The housing market trend was stable and housing prices rose during the year. However, we can state that clear initiatives are once again lacking from politicians to

    Länsförsäkringar Hypotek: Report January - June 2018

    ”Länsförsäkringar Hypotek’s position on the mortgage market is continuously strengthening and we are consolidating our position as one of the larger players in mortgage lending in Sweden. We are capturing a significant share of new loans in relation to our underlying market share, which indicates that we are seeing an increased inflow of new customers from our competitors. The credit quality of the loan portfolio remained high and the credit loss level very low. There has recently been certain mass media attention on new players that have entered the mortgage market, particularly via

    Year-end report 2017

    ”Länsförsäkringar Hypotek performed very well in 2017 and operating profit continued to report a positive trend, driven by strong underlying net interest income. Lending is growing at a stable rate, while credit quality remains highs and loan losses very low. We can see that the number of customers is continuing to grow and we are successively capturing market shares, which is largely due to our high customer satisfaction and our strong local presence. The Swedish economy continued to perform well and household finances remain healthy, although there are macroeconomic risks related to

    Interim Report January–June 2017

    ”Länsförsäkringar Hypotek is continuing to strengthen its position in the mortgage market and delivered strong operating profit. Lending growth is stable and our market share is successively increasing, while credit quality remains highs and loan losses very low. The housing market remains a focal point and a slight weakening price trend could be noted in the second quarter following an upturn during the first few months of the year. In May, the Swedish Financial Supervisory Authority announced its intention to introduce stricter repayment requirements for households with high debt ratios

    Länsförsäkringar Hypotek: Year-end report 2016

    ”The performance of Länsförsäkringar Hypotek has been very positive during the quarter, and we report a strong operating profit and are successively growing our share of the mortgage market. Our strong local presence and our higher customer satisfaction remain success factors in the form of increased customer inflows. We saw housing prices continue to rise during the year, although the rate of increase has gradually declined. The strong capitalization combined with the high credit quality of our mortgage portfolio results in good access to financing and low financing costs.” says Anders

    Länsförsäkringar Hypotek: Interim Report January-June 2016

    ”Länsförsäkringar Hypotek continued to perform positively and we reported a favourable earnings trend during the period. It is gratifying that volume growth is continuing at an even pace and we are capturing additional market shares while maintaining high credit quality and low loan losses. We are continuing to closely monitor the trend in the housing market and welcome the mortgage repayment requirement that came into effect on 1 June as yet another step towards a more sound repayment culture” says Anders Borgcrantz, President of Länsförsäkringar Hypotek. The year in brief ·

    Länsförsäkringar Hypotek: Year-end Report 2015

    ”It is gratifying that the positive trend in Länsförsäkringar’s retail mortgages is continuing. Volume growth is healthy and we are successively capturing market share while maintaining high credit quality and strengthened operating profit. The housing price trend entails a rising macroeconomic risk and thus it is important to work to promote a better culture of mortgage amortizations. At the same time, it is essential that structural measures are taken to address the underlying problem of too low a rate of new housing construction. .” says Anders Borgcrantz, President of Länsförsäkringar

    Länsförsäkringar Hypotek: Interim report January–September 2015

    “Länsförsäkringar Hypotek continued its stable growth in the third quarter. Business volumes and operating profit performed very well, at the same time as we had good control of costs. We are closely following the trend in housing prices together with the rising indebtedness of households. Several measures will probably be needed from society, particularly to increase the construction of new housing.” says Anders Borgcrantz, President of Länsförsäkringar Hypotek. The period in brief · Operating profit rose 25% to SEK 355 M (283) and return on equity was 5.7% (5.2). · Net interest

    Länsförsäkringar Hypotek: Interim Report January-June 2015

    ” Länsförsäkringar Hypotek is continuing to grow with great stability in the mortgage market. Net interest income strengthened, as did operating profit, and we continue to have favourable credit quality with a very low percentage of impaired loans. We can still note rising housing prices and believe that it is vital that our customers have the conditions for healthy and stable household finances. Mortgage repayments combined with other forms of saving are important prerequisites for building stable private finances and for this reason we welcome the new mortgage repayment requirements.”

    Länsförsäkringar Hypotek: Year-End Report 2014

    ” Länsförsäkringar’s stable and profitable growth in retail mortgages continued during the year. Our volume growth was high and the position in the mortgage market strengthened, which shows that our local business model and personal customer meetings are successful. Net interest income strengthened, as did operating profit. We continue to have favourable credit quality with a very low percentage of impaired loans,” says Anders Borgcrantz, President of Länsförsäkringar Hypotek. The year in brief · Net interest income increased 17 percent to SEK 1,001 M (852). · Loan losses

    Länsförsäkringar Hypotek: Interim Report January-September 2014

    ” Länsförsäkringar continues to be successful in the bank market, with healthy growth in retail mortgages and continued high credit quality in the loan portfolio. Funding of the retail mortgage lending operations remained successful and the trend in net interest income was favourable,” says Anders Borgcrantz, President of Länsförsäkringar Hypotek. The period in brief · Net interest income increased 13% to SEK 720 M (636). · Loan losses amounted to SEK 10.7 M (–3.7), corresponding to loan losses of –0.01% (0.00). · Operating profit rose 14% to SEK 283 M (248) and the return on

    Länsförsäkringar Hypotek: Interim report January-March 2014

    ”Länsförsäkringar continues to be successful in the bank market, with good growth in retail mortgages and excellent credit quality in the loan portfolio. We are successfully extending the maturity profile of funding,” says Anders Borgcrantz, President of Länsförsäkringar Hypotek. The period in brief · Net interest income amounted to SEK 222 M (222). · Loan losses amounted to SEK -1.3 M (1.1), corresponding to loan losses of 0.00% (0.00). · Operating profit rose 11% to SEK 78 M (70) and the return on equity strengthened to 4.6% (4.5). · Lending increased 9% to SEK 114

    Länsförsäkringar Hypotek: Interim report January – September 2011

    ”Länsförsäkringar is growing and strengthening its position in the retail mortgage market. It is also particularly gratifying that Länsförsäkringar has Sweden’s most satisfied retail bank customers and that eight out of ten retail mortgage customers are also bank customers. Credit quality is very high. We are well-equipped to meet the more uncertain financial environment with very high liquidity and favourable borrowing durations,” says Anders Borgcrantz, President of Länsförsäkringar Hypotek. The period in brief • Lending rose 12% to SEK 87 billion (77).• Operating profit increased

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