Highlights of Stadshypotek’s Annual Report January – December 2016

JANUARY – DECEMBER 2016 COMPARED WITH JANUARY – DECEMBER 2015Stadshypotek’s operating profit increased by 6%, or SEK 650m, to SEK 11,366m (10,716). Net interest income grew by SEK 606m to SEK 12,362m (11,756). This increase was primarily due to higher lending volumes to the private market in Sweden. Of the net interest income, SEK 577m (875) was attributable to the branch in Norway, SEK 377m (417) to the branch in Finland and SEK 345m (276) to the branch in Denmark. The decrease in net interest income at the Norwegian branch was attributable to lower margins for both the private and