The Swedish Covered Bond Corporation (SCBC) Year-end Report 2016

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The Swedish Covered Bond Corporation (SCBC) Year-end Report 2016 has been published on www.sbab.se/ir. (https://www.sbab.se/1/in_english/investor_relations/sbab_group/financial_reports/scbc.html)

January–December 2016 (January–December 2015)

· Operating profit increased to SEK 1,563 million (1,543), and to SEK 1,742 million (1,559) excluding the net result of financial transactions. · Net interest income rose to SEK 2,503 million (2,280). · Expenses amounted to SEK 720 million (627). · Net loan losses totalled SEK 9 million (recoveries: 12). · The return on equity was 8.2% (8.9). · The Common Equity Tier 1 (CET1) capital ratio was 82.4% (86.1). · All funding programmes continue to have the highest credit ratings from Moody’s.

July–December 2016 (July–December 2015)

· Operating profit increased to SEK 721 million (820), and to SEK 840 million (837) excluding the net result of financial transactions. · Net interest income grew to SEK 1,241 million (1,187). · Expenses amounted to SEK 376 million (308). · Net loan losses totalled SEK 10 million (recoveries: 11). · The return on equity was 7.2% (9.3). · The CET1 capital ratio was 82.4% (86.1).

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

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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

Short Name: AB Sveriges Säkers
Category Code: ACS
Sequence Number: 577116
Time of Receipt (offset from UTC): 20170208T101020+0000

Contacts

AB Sveriges Säkers

Contacts

AB Sveriges Säkers