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