Stadshypotek’s Interim Report January – June 2014

JANUARY – JUNE 2014 COMPARED WITH JANUARY – JUNE 2013Stadshypotek’s operating profit increased by 1%, or SEK 60m, to SEK 4,145m (4,085). Net interest income rose by SEK 188m to SEK 4,827m (4,639). SEK 517m (460) of the net interest income was attributable to the branch in Norway, SEK 186m (157) to the branch in Finland and SEK 103m (75) to the branch in Denmark. Excluding the branches, net interest income increased by SEK 74m, mainly due to higher lending volumes to both the private and corporate markets. The increase in net interest income at the Norwegian branch was also mainly