The Swedish Covered Bond Corporation (SCBC) Year-end Report 2018

The Swedish Covered Bond Corporation (SCBC) Year-end Report 2018 has been published on www.sbab.se/ir.

January–December 2018 (January–December 2017)  

  • Operating profit amounted to SEK 1,979 million (1,982)
  • Net interest income rose to SEK 3,069 million (2,855)
  • Expenses amounted to SEK 902 million (761)
  • Credit losses totalled SEK 26 million (recoveries: 12)
  • The Common Equity Tier 1 (CET1) capital ratio was 17.1% (78.0) 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, CFO SBAB
+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. Learn more at www.sbab.se/investor

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The Swedish Covered Bond Corporation “SCBC” is a fully owned subsidiary to state-owned SBAB Bank AB (publ). SCBC is a public limited liability company and the principal activity is to issue covered bonds in the Swedish and international markets.

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