Interim report June

INTERIM REPORT for the Swedish National Housing Finance Corporation, SBAB 1 January-30 June 1998 ALL FIGURES IN THE INTERIM REPORT REFER TO THE GROUP UNLESS OTHERWISE STATED. RESULT, NET INTEREST INCOME AND LOAN LOSSES Net operating income for the first half-year of 1998 was SEK 295 million, the figure for the corresponding period of 1997 being SEK 220 million. Interest income amounted to SEK 467 million (469 million). The improved result was due to lower loan losses. These totalled SEK 6 mil-lion (126 million). Problem loans after provisions, standing at SEK 782 million (1 578 million) of which SEK 202 million government guaranteed, are less than half the figure at June 30, 1997. The problem loans constitute 0.57 per cent (1.20 per cent) of the loan portfolio. ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/1998/08/14/19981216BIT00450/bit0002.pdf Hela rapporten