The Swedish Covered Bond Corporation (SCBC) Year-end Report 2022

7.2.2023 08:00:01 CET | AB Sveriges Säkerställda Obligationer (publ) | Financial Statement Release

The Swedish Covered Bond Corporation (“SCBC”) (in Swedish: AB Sveriges Säkerställda Obligationer (publ)) Year-end Report 2022 is now available for download on sbab.se/IR.

January–December 2022 (January– December 2021)

  • Operating profit amounted to SEK 1,978 million (2,119)
  • Net interest income totalled SEK 3,787 million (3,522)
  • Expenses amounted to SEK 1,344 million (1,305)
  • Net credit losses amounted to SEK 39 million (recoveries: 7).
  • The Common Equity Tier 1 (CET1) capital ratio amounted to 15.9% (16.3)
  • All funding programmes continue to have the highest credit ratings from Moody’s

 

Contacts

Erik Bukowski

Presschef SBAB

erik.bukowski@sbab.se

About AB Sveriges Säkerställda Obligationer (publ)

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.

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