Improved annual earnings and growth for Landshypotek Bank
Landshypotek Bank continues to post improved results. The bank has grown both in terms of deposits and lending in 2016. Operating profit improved MSEK 22 to MSEK 353 (331), including the net result of financial transactions.Excluding the net result of financial transactions, earnings improved MSEK 4, up from MSEK 323 to MSEK 327 in 2016.A significant portion of the earnings improvement was attributable to lower net loan losses. “We have posted historically strong earnings and we are a bank with a growing presence in the lending and savings markets. We also grew stronger as a bank