SBAB Bank Year-end report 2011: Stable lending and strongly increased deposits
SBAB Bank’s Acting CEO, Christine Ehnström, comments:SBAB Bank’s lending operations displayed stable development in 2011 and loan losses remained low. Deposits increased to SEK 8.8 billion at year-end. The company’s business operations and earnings developed positively in the fourth quarter. Despite the turbulence in the financial markets, SBAB Bank was well funded during the year and maintained favourable liquidity. The company’s efforts to diversify its funding continued in 2011. To reduce the bank’s liquidity risk, we also took an even more proactive approach to the pre-funding of