
The Swedish Covered Bond Corporation (SCBC) Interim Report January–June 2025
The Swedish Covered Bond Corporation (“SCBC”) (in Swedish: AB Sveriges Säkerställda Obligationer (publ)) Interim Report January–June 2025 is now available for download on sbab.se/IR.
January–June 2025 (January– June 2024)
- Operating profit amounted to SEK 996 million (982)
- Net interest income totalled SEK 1,973 million (1,915)
- Expenses amounted to SEK 771 million (701)
- Net credit losses resulted in a recovery of SEK 14 million (loss: 34)
- The Common Equity Tier 1 (CET1) capital ratio amounted to 18.7% (16.5)
- All funding programmes continue to have the highest credit ratings from Moody’s
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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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