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The Swedish Covered Bond Corporation (SCBC) Interim Report January–June 2019

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The Swedish Covered Bond Corporation (SCBC) Interim Report January–June 2019 has been published on www.sbab.se/ir.

January–June 2019 (January–June 2018)

  • Operating profit amounted to SEK 905 million (1,072)

  • Net interest income amounted to SEK 1,439 million (1,587)

  • Expenses amounted to SEK 513 million (434)

  • Credit losses amounted to SEK 6 million (26)

  • The Common Equity Tier 1 (CET1) capital ratio decreased to 17.0% (75.7) For more information, please refer to page 4 in the report

  • All funding programmes continue to have the highest credit ratings from Moody’s

For further information, please contact:
Mikael Inglander, CEO SCBC
+468-614 43 28
mikael.inglander@sbab.se

The Swedish Covered Bond Corporation, “SCBC”, is a wholly owned subsidiary of the Government-owned SBAB Bank AB (publ). SCBC is a credit market company whose primary operations involve the issuance of covered bonds in Swedish and international markets.

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