Länsförsäkringar Bank: Year-end Report 2022
“Both geopolitical and macroeconomic uncertainty in the world increased markedly in 2022, and we saw significant hikes in key interest rates in a bid to slow inflation. This resulted in a more negative macroeconomic outlook and at times also fuelled greater turmoil in the financial markets. Both our retail and our corporate customers have thus experienced considerable uncertainty concerning the economic outlook, and in many cases have seen costs rise, such as in the form of energy prices, input goods, food prices and interest rates. At Länsförsäkringar, with our local profile close to